Hi Crystal,
Maybe this website will shed some light on why Phelsuma are Phelsuma.
http://phelsumania.com/public/systematics/history.html
This website also has an extensive bibliography on Phelsuma.
As to the term "day geckos", again, this is only a common name. Some people use this to describe the genus Phelsuma, some people use this to describe all diurnal gecko genera (including, but not exclusive to the genus Phelsuma). Take note that the recently published book by Bruse, Frank and Michael Meyer, Wolfgang Schmidt "DAY GECKOS (PROFESSIONAL BREEDERS SERIES)", is about diurnal geckos (Phelsuma, Gonatodes, Sphaerodactylus etc.).
Hope this helps.
Yuri