coloring graph vertices in Mathematica using VertexLabelStyle

The graph capabilities of Mathematica seem to use a slightly different programming model than the rest of Mathematica. I was loading a graphml file from some information I had and I wanted to label the vertices with small blue text. I want to use VertexLabelStyle but I could not figure out how to use it based on the documentation and searching.

Here's how you can use it:

g = Import["mygraph.graphml"];
g = SetProperty[g, {VertexLabels->Placed["Name", {StatusArea, Above}], VertexLabelStyle -> Directive[Blue, FontSize->8]}]

That's about it. The key is to recognize that VertexLabels and VertexLabelStyle are both properties and options. But they are properties for the graph, and options for other elements such as vertices. This took me a long time to figure out because of the "property" nature of manipulating graphs. I think the property model is used based on the historical development of the graph manipulation features. A Graph is a just a data structure (which in Mathematica, just means a head symbol) with contents that have specific meanings. For example, the first value in the Graph "structure" is the vertices, the 2nd are the edges, etc. You have to use the property model to set various aspects of the "data structure".