Here is a post with my little label in it (without the IF statement)
http://www.civil3d.com/index.php/2006/09/label-expressions-as-design-tools-for-vertical-curves/
and here are some more ideas
http://www.civil3d.com/index.php/2007/01/road-design-notes-june-2004-vs-january-2007/
http://civil3drocks.blogspot.com/2006/08/using-expression-to-make-decimalized.html
http://civil3drocks.blogspot.com/2006/08/using-expressions-and-references-to.html
Hopefully that will get you started.