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Overpriced and overrated are two different ways of saying something has a bad quality/price ratio. But if you say overpriced the emphasis is on the price being too high, whereas overrated imo implies...

I wouldn't order a separate Scrupleworks linen strop, but a component to put on your SRD strop.
Ah yes, I may be the only one, but I'm an enormous fan of Scrupleworks worsted wool cloth. It's...

I don't think they're vastly overrated, they are vastly overpriced, different thing !

In itself I think the two leather components are the best I've ever seen and used on a strop, the feedback is...