Fetching CCK allowed values for display in a template

From ceejayoz

CCK stores the keyed value, not the label (i.e. "No" might be stored as "0"). If you need to retrieve the label from the key, this code'll do it:

$field = content_fields('field_name');
$allowed_values = content_allowed_values($field);
$label = $allowed_values[$node->field_name[0]['value']]