GY!BE get a well-deserved amount of respect. Mogwai too. EitS is overhyped if you ask me. Sigur Ros' reputation/'amount of respect obtained' is fine. TWDY is mildly underrated, but that's because most people listen to their EP first.
P-R isn't 'underrated' in general, as its forefront bands are getting lots of praise and press. Some of the lesser-known I suppose, but that's the case with every genre.
Underrated: John Fahey, Fursaxa, Stars of the Lid
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