"Rapid Application Development" is very open to interpretation.
To me, RAD means that your CRUD applications are entirely generated based on models (templates), such as BCD's offerings. Or, your CRUD applications are defined via meta data stored in a repository and rendered via utility or runtime engine such as m-power or WOW (quickest way I'm aware of to produce new applications).
Ruby on Rails comes with a utility that generates "scaffolding" for CRUD applications. I seem to recall something similar for PHP.
Traditional application development begins with an IDE that includes a WYSIWYG designer for screens / pages, source file navigation, and code editors for your various code and other types of files. The IDE may partially generate various source elements, but not an entire application.
-Nathan
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