I would add that for me for a team to be overrated I think that the hype that goes along with that team also can play into whether not a team is overrated. Last year it was an accomplishment that Merrillville went undefeated, but having a running clock put on you by another team I would say they were overrated. However, if the game was closer, then no, not overrated, just not as good as the other team. I am not saying one cannot be considered overrated and be undefeated. I am just saying that the two don't have to be always true. You can lose by a close margin to a better team, even when it was predicted you should win, and not be overrated IMO.