Yup. Horribly overrated by virtue of being both English and home-grown. The sort of ineffectual, lightweight player people would moan about ceaselessly if Wenger had signed him from abroad.
Hmm. A tremendously gifted footballer. His Englishness has certainly led to supporters cutting him more slack than other injury-plagued players might have enjoyed, but I don't think anyone has overrated his abilities, tbh.