I have a big question about the two-factor authentication.

I think the two-factor authentication is a great security measure as far as 
we use it in the browser.
But I think it is not secure when we use it desktop applications.

[The reason]
In case of two-factor authentication, these four things are indispensable.
(A)Google ID (Gmail address)
(B)Its password
(C)verification code
(D)phone

It is great!  Even though (A)(B)(C) are stolen, the google account is safe, 
because (D) is needed to get a new (C)verification code.


Meanwhile, when we use Gmail with a third party desktop application, we need 
these two things.
(A)Google ID (Gmail address)
(E)application-specific passwords

Imagine that (A)and(E) are stolen except (B), Our Google accounts are under 
controle by someone else.

Is this more secure than before?

I'd like to know what do you think of.

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