...I mean, you're not wrong. VO calls it a rack, Nitto calls their's a rack, Compass refers to their's as a rack too...but they'd be better off calling it bag support to get it right, I guess.
The cables bend easily and smoothly beneath the bag support when the bag is mounted, so no harm there.
Full disclosure: my plight is not a matter of function, and is strictly a matter of aesthetic.