The problem is that if the label's position is anything other than the center of the screen, that the results are not what you would expect. If you take the following code and play with xPosition and yPosition I think you will see what I mean.

Any and all help is very much appreciated!

var xPosition : float = Screen.width/2; var yPosition : float = Screen.height/2;

function OnGUI () { var labelPosition : Vector2 = Vector2(xPosition,yPosition);

GUIUtility.RotateAroundPivot (rotateAngle,labelPosition);

GUI.Label(Rect(labelPosition.x,Screen.height-labelPosition.y,100,30),"This is the label");

// reset the matrix after rotation GUI.matrix = Matrix4x4.identity;

}

Try that one :

#pragma strict

var labelRect : Rect = Rect( 100, 100, 100, 30 );
var pivotOffset : Vector2 = Vector2(0, 0);
var rotateAngle : float = 0.0;
var rotationSpeed : float = 2.0; 

private var currTimeRot : float = 0.0;

function OnGUI () 
{
	currTimeRot = Mathf.Repeat( currTimeRot +  Time.deltaTime * rotationSpeed, 360.0 );
	GUIUtility.RotateAroundPivot (rotateAngle + currTimeRot, 
				Vector2( labelRect.x + pivotOffset.x * labelRect.width,
						 labelRect.y + pivotOffset.y * labelRect.height ) );
	
	GUI.Label(labelRect, "This is the label");
}