When adding a hyperlink to a label, you can only label by the actual value that you want to pass into the hyperlink. It would be very useful to be able to show a different value/text (e.g. “Click here to go to website”) and then use a different parameter from the same row (e.g. an ID) to use in the hyperlink.
This can be easily done using an HTML control and doing your own custom HTML. I agree it should be simpler but the work around is not that difficult.