Yes, cutting off with narrow labels is fixed.
Uh, sorry the pull request only has the diff. I've pushed the change into my v3.4 tree, and synced that into the test project. So you can get it via:
1) If you previously got my fork of the test project via this command
git clone email@example.com:sarah-j-smith/GitHub-shared-projects.git --recursive (which I suggested above) then you should be able to just do:
2) Otherwise, just go to my v3.4 tree for CCLabelBMFont.m and pull down raw file (right click "raw" and download)