Question: How to suppress axes labels

I want to plot a 2D graph without labels. The labes=["",""] option does half of the job—it prints the empty string for labels (that's good) but it reserves room for them (that's bad).  In the following code I use a large size labelfont in order to exaggerate the effect:

plots:-setoptions(labelfont=[TIMES,64]);  # large labelfont selected on purpose
p1 := plot([[0,0],[1,1]], labels=["", ""]);

Note the large blank space at the bottom reserved for the the non-existent label.

I know one way to eliminate the label altogether:

p2 := subs(AXESLABELS=NULL, p1);

This does the right job but is there a more orthodox way of doing that?

Afterthought:  It would be good if the labels option to the plot command  accepted none as argument, as in labels=[none, none].

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