I saw this pin and immediately knew that I would follow through! The pin shows cords plugged into a power strip that are labeled with bread tabs.
See pin here ... http://pinterest.com/pin/250794272968770534/
I thought this was a very clever and easy idea. I mean, who hasn't struggled to figure out which cord needs to be unplugged!
My power strip before!
I saved a bunch of bread tabs and used my awesome brand new markers (a Christmas gift) to make my own labels!
The end result still looks cluttered, but at least I know which cords go to what device!

My Power Strip After!

Warning: The bread labels are a choking hazard for small children and pets.