I may be retreading something that has already been said, but I'm going to go ahead and post it.
1. Seeing the big bold generic over and over again is a bit distracting.
2. the other tags get lost in the wash, reducing their utility.
My suggestion, instead of the generic tag get rid of it, it will make the other tags stand out a lot more, and be more useful. If it doesn't have a tag, then the fact that it's "generic" should be obvious by default. If it's a matter of having to use a tag, perioud then I'd say put in one thats the same colour as the background to somethingto it's not showing up like crazy.