Is it OK to label yourself an "intellectual"?

I was sitting at Donna's breakfast table on Sunday and she made that remark about herself.

I agreed with her that I was one too, and how I thought it was neat that since we've been friends for about 40 years (aack!) now, we still believe in and value some of the very same things. In fact, I think we've grown more alike than apart.

I've labeled myself alot in my lifetime (I'm fat, busy, tired, a wife, a mother, etc.) but until my friend labeled herself an intellectual, I would never have admitted it about myself.