I'm in the minority of people who think Melo is overrated.
I'm not sure it's a huge minority anymore.
People were putting Melo a small step below Lebron for a while. All I got to say is can you ever imagine a team with Lebron in his prime going 3-13? Melo is such a mediocre player.
I am not a big fan anymore but mediocre? C'mon dude, that's way overboard.
The problem with Melo is you need to very specifically tailor your roster around him. You'd need to have a great defending and rebounding center (if you're going Melo at the 4), a smart and great passing PG, spot up shooters at the other positions to stretch the floor. And you need a coach who is going to have a system that encourages ball movement.
LeBron on the otherhand, and a lot of the other great players, just can fit many styles and systems.
I don't think Melo is that great anymore, but he's still a top 10 player. I just don't think it's easy to fit him on a roster of a contender. A lot of things have to come together personnel wise.