That's pretty funny J. You have absolutely no idea what you are talking about. The reason labs are useless as pointing dogs is because they don't point. Please don't go down the Pointing lab route... it bores me. If you really think your lab points, you haven't seen an actual pointing dog.
Phil, there is a small, but growing number of folks that use their setters as versatile dogs. This is almost exclusively a result of breeding programs using NAVHDA as the means of measuring the success of their programs and basis of their breeding decisions. However, as a breed, I wouldn't say they are considered versatile.