There are things/places/people/concepts in the world that get too much hype and there are some that don't get enough.  This will be a list of things that myself and all reasonable humans can agree on.  It is brought to you my the makers of Sudafed and Mucinex DM.
This does not mean that I hate the things that I consider to be overrated, it just means I don't believe they deserve all the attention they get. 

THE COMPLETE LIST OF ALL THINGS THAT ARE BOTH OVERRATED AND UNDERRATED


MOVIES

OVERRATED

Vicki Christina Barcelona
E.T.
Lord Of The Rings
Pretty Woman
Slingblade
Tootsie
Remember The Titans
Finding Nemo
Million Dollar Baby
Saw 1,2,3,4,5,400
Grease
Hoosiers
Beverly Hills Cop
American Pie
Forrest Gump
Ace Ventura Pet Detective
Babe
A League Of Their Own

UNDERRATED

Grosse Point Blank
Glengerry Glenn Ross
Four Weddings and a Funeral
Grand Canyon
1408
The Last of The Mohican's
Almost Famous
Man on the moon
Rocky II
Ronin
Citizen Cane
The Trouble With Harry
Momento
2001
Planet Terror
The Green Mile
About A Boy


MUSIC


OVERRATED

U2 - I mean come on....really.  They are a great band but enough is enough.
Madonna
Maroon 5
John Mayer
Lady Ga Ga
Depeche Mode
Willie Nelson
Spice Girls
Carrie Underwood
Sheryl Crow
Gwen Stefani
Steve Miller Band
The Jonas Brothers!!!!!
Garth Brooks
Enya
Eric Clapton
Snoop Dog
Jennifer Lopez
Guns N' Roses
Van Halen with Sammie Haggar

UNDERRATED

Sawyer Brown
Tori Amos
Beck
Greg Laswell
Fergie
The Call
Wilco
Jon Foreman
Bob Dylan
Run DMC
Live
Aimee Mann
Van Halen with David Lee Roth



FOOD AND DRINK


OVERRATED

Value Meals at McDonald's
Caviar
Omelette's
Meatloaf
Mojittos
Diet Soda
Whole Wheat Bread
French Onion Soup
Marshmallows
Green Tea
EXTRA Virgin Olive Oil
Lemon
Salmon

UNDERRATED

Won Tons
Bagels
Otter Pops
Dr. Pepper
Curry
Carmel
Sole Fish
Fondue
Romaine Lettuce
Cous Cous
Bacon wrapped Bacon
Egg's Benedict
Bisquick



MISC


 
OVERRATED

Twitter
Web MD
Lego's
Grand Theft Auto
Mardi Gras
Parades
Keith Oberman
Bill O'Reily
Rodeo's
TMZ
"News Stories" about Jennifer Anistons love life
Owning fish
Long division
The letter X
Automatic Cars
Picnics
Baby Showers
Building your own furniture
Bottled water
The harmonica
Champagne
Motorcycles
Vampires
Sentences that have the word "must" in them.
Blogging
Ice Skating
Owning Chimpanzees
The 50's
Hugh Jackman
Collecting anything
Nunchucks
Eyebrows
Vanity Plates
Nicknames
People who think they are interesting
Craigslist
Spring Cleaning
Bravo Network
Fireworks
Garage Sales
Being Right
WD-40
Stimulus Packages
Daylight Savings
Catching the bouquet
Tanning
Grammar
Myers-Briggs Personality Test - INFP for life yo!!!


UNDERRATED

Sweaters
Ian McShane
Fraggle Rock
The Piano
Waterford
Hot Cocoa
Walks in a park
Cell Phone Applications
Trust
Money Clips
Vitamins
Prayer
Scented Candles
Not knowing the answer to a question
Crockpot cooking
Naps
Sweeping the leg 
Solitude
The Present
The Vastness of Space
The Itailan City of Assisi
Dissent
A & E Network
Board Games
Imagination
Celebrating 11:11 on 11/11
Being wrong
Big Foot Sightings
Conan O'Brien
Reunions
Pajama's
Being in the room when a baby is born
Storytelling
The 70's
Blizzards
Grading on a curve
Arrested Development
The Tower Of Terror at Disney World