Sorry to bring up an old thread again, but I just remembered 
that Cisco put out a so-called "Label Switch Processor".

http://www.cisco.com/en/US/prod/collateral/routers/ps5763/data_sheet_c78-659947.html


The LSP (Cisco may have intended for the pun) is "optimized" 
for CRS routers being run as pure label switch routers.

We're buying the FP-40's and FP-140's which have a mix of IP 
and MPLS capabilities, so I haven't really tested the new 
LSP-140 to know how it stacks up in all scenarios, 
particularly if the CRS would be performing PHP for some or 
all FEC's.

Cisco are certainly thinking about this, but perhaps not 
from a full chassis perspective like Juniper's PTX.

Cheers,

Mark.

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