It's subjective. To me, the overhyped and overpriced reels are those top of the line disc drag reels that supposedly will stop a truck, but nonetheless suffer breakdowns requiring sending back to the factory for repair. Most spring and pawl reels just keep functioning for a lifetime to two without ever a need for repair. I have a couple boxes of spring and pawl reels, some of them over 50 years old, and have only ever sent two to Archuleta for service, one because I dropped it on a concrete floor and slightly been the spool rim (user error) and another because one of the line guide screws had rusted in place, so I wanted it expertly serviced. If only Galvins, Abels, and Hatch reels performed so well.
Overloud? I've never in 50+ years heard anyone complain until Chromers started this thread.