is it possible to create such a UILabel with inner and outer shadow?
alt text http://dl.getdropbox.com/u/80699/Bildschirmfoto%202010-07-12%20um%2021.28.57.png
You will have to do your own custom drawing to get an inner shadow. There's no way currently to do it with a standard UILabel.
Here's a reasonable explanation on doing inner shadow with Quartz.
Inner shadow in Core Graphics