It's really not that bad at all. Is it on par with a gen bracelet, absolutely not. But also keep in mind that the gen had the older style bracelet and clasp, which typically is regarded as the function over form piece on older Rolex watches, but typically rather underwhelming compared to the rest of the watch.
I managed to lose the massive lume dollop that was in my pearl, so now I've got an empty pearl sitting in my bezel. That could be made to look a bit more gen., couldn't it?