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On the WMDR4500v2, when you login, you go to the basic login page. Among the things displayed are the wireless passwords for any of the wireless networks you have active. I have been told by Netgear ...
Basic there refers to the level of control that you have over the hardware. It is "basic" in the sense that it is not "advanced".
A better description of the thing you are talking about is the "browser interface", or even to the "basic tab on the browser interface". In that way there is no room for confusion.
If you want people to understand what you are saying, you might like to use that label as you continue your campaign to wake up Netgear to its sloppy approach to security.
Looking at the desktop genie alongside the browser genie interface, it is hard to see how one is better than the other. Many people prefer the desktop genie because it is easier to navigate and has a better Network Map. They dive into the browser interface only when they need to get at rarely changed features.
There are various things wrong with the desktop app, which also has a Mac version, but it is actually easier to use for some of the features that you might want to change on a regular basis. Oh, and it also removes the security risk of revealing passwords when you launch it.