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yes it works, but you have to apply it to div which is just k-form-field-wrap, so to locate such div you should select by attribute data-container-for="Agree", what is field by field, or it could be applied somehow to all checkboxes?
P.S seems it was just bootstrap change, but still looks inconsistent even on demo page when checbox > text > :
Then, you could use the custom class to apply styles.
Inoticed that the link for the release history where it is mentioned that checkbox fields should be rendered with label on the right is broken. Please excuse me about that. You can find the linke below again: