I don't think he's over rated. He beat Bendo who beat Cerrone twice. Bendo also came into the UFC and won. So did Cerrone. These are good fighters. I don't think Pettis is over rated if he could beat Bendo. I just think he played the wrong strategy against Guida and dind't seem to find his groove until the 3rd round. Pettis/Guida is a perfect example of why we should have 5 round main events.
But yeah, Pettis isn't over rated. He just needs a smarter corner to guide his ability. I mean, look at Melvin Guillard. Dude has reinvented himself. Why? Better coaching. No knock to Duke Roufus (legend IMO) but they had a bad strategy in dealing with guida.
Like seriously, everyone knows laying on your back and going for subs for 3 rounds is going to lead to a UD loss. His corner should've been drilling sweeps and reversals. His corner should've been drilling flying knees and uppercuts to counter the double leg. I mean seriously, if you know you're not gonna be able to sprawl it, might as well try to knock his ass out on the way in. Cuz being clinched up against the cage is viewed the same way as being on the bottom according to UFC judges (think Vera vs Couture). I think strikers should try sprawling in the 1st round. If they see that they can't, that's when the sweeps come into play. And if you get back to the feet, that's when those knee/uppercut counters come into play. You're gonna lose the takedown war. May as well try something to put some odds in your favor. Plus, even if you miss the knee, if you stand up again, they're gonna be just a bit more cautious about going for that take down again.