Totally agree! Level dimension actually was not updated ages. And also level dimension must have option to choose to project zero or sea level before placing a dimension, not after, how it happens now.
I have tried the elevation label, it can recognise a few more of the tool types, but it only provides the 'top bounding box' elevation of the overall element - that would ok for items with a singular flat top surface like a flat slab or square beams.
See below the outcome of tagging elements (wall, complex wall, opening) - 50% of the labels are incorrect - it is broken, and dangerous to use for construction documentation.
Yeah, it should be something like you're placing a hotspot in 3D, so its Z coordinate is not ambiguous, and you can see the representation of that hotspot in floor plan view, with its Z coordinate value attached.