Jonny Come Lately
The New Kid In Town
IMO Wings are the most overrated band to me from this decade - I don't think they wouldn't have received as much attention as they did had McCartney not been in a certain other band previously... I'd also suggest Queen to a lesser extent, although they're only really overrated in the UK (where Bohemian Rhapsody/We Will Rock You/We Are The Champions are practically inescapable).
Reading through this thread I noticed a couple of mentions of the Eagles, as they're among my favourite bands I feel compelled to say that I think their radio hits are overplayed but not overrated (but familiarity admittedly does often breed contempt), but their albums barring Hotel California are generally underrated, especially Desperado and On The Border, and the songs by Bernie Leadon and Randy Meisner are also underrated as nearly all of the core Eagles radio staples were written and/or sung by Henley and Frey.
Reading through this thread I noticed a couple of mentions of the Eagles, as they're among my favourite bands I feel compelled to say that I think their radio hits are overplayed but not overrated (but familiarity admittedly does often breed contempt), but their albums barring Hotel California are generally underrated, especially Desperado and On The Border, and the songs by Bernie Leadon and Randy Meisner are also underrated as nearly all of the core Eagles radio staples were written and/or sung by Henley and Frey.