Second Labels list on Sidebar

I've been studying the html for adding a second sidebar. It's not working well at all and I'm wondering if it has something to do with the template choice that I've made. I'm using Mr. Moto that I found within the template choices that Blogger offers. Could this affect the ability to use the html that Hans has suggested?
What I'm trying to do, ideally, is have a separate "Labels" list that functions in all aspects the same way that the existing one does. If there's any way to bypass adding a whole left sidebar and adding the second "Labels' List" to the existing sidebar, that would be super.
If not, is there a way to configure the appearance of the items on the existing Labels List by color, type style or font size?