A generalized nucleation potential is constructed for binary systems. The p
otential consists of the reversible work of cluster formation plus addition
al terms arising from various kinetic effects. We show that the major nucle
ation flux passes through the saddle point (termed the genuine saddle point
) of this generalized nucleation potential. The generalized nucleation pote
ntial reduces to the kinetic potential of a unary system when one component
vanishes. The genuine saddle point concept provides a convenient way to id
entify systems and conditions for which the ridge crossing phenomenon occur
s. Our theory agrees approximately with exact numerical results.