Most overrated bands

Wow--great responses here.

First off, to say Dylan or the Beatles are overrated is absurd--unless the idea is someone says they are god and no one is god and so therefore they are overrated. Also, I'd define "overrated" as an artist that is seemingly getting first tier classification among fans, critics while more deserved of third tier. 

This is, of course, all opinion.  So before I'd throw Dylan, Beatles, Floyd, Stones in the mix I'd start with these candidates:

REM
U2 (in terms of full body of work.  Several albums are evidence of tier one status). 
Adele. 

By the way, I think Adele is first tier worthy but her works are all shouty and overblown. She has the talent but her output and artistry are third tier in my opinion.  

Gwar!

Yes, artists should just stand there and do nothing. That is the sure sign of an real artist. And Dylan never even wore makeup, costumes or weird hairdos. I was always fond of the rock star “photo album” that showed Dylan as a hobo roasting wieners over the fire out in the woods somewhere.

You wrote,
“The "song" he performed was terrible, with a pedestrian chord progression, no melody, and clich’ed lyrics. There were at least ten other people on stage, including a bunch of background singers. Pure showbiz bs.”

Are you referring to Beck or Dylan there? Help me out.😛 I hate it when artists try to be entertaining. 

The most influential post war blues guitarist, T-Bone Walker, danced.  The most influential R&B performer ever, James Brown, danced.  And even Mick Jagger got moves like Jagger.  Micheal Jackson, Prince, Beyonce, Elvis, etc., I guess none of them are artists?