A little bit of miscommunication (my fault). I wast trying to say just because I dislike the Miami Heat doesn't mean I am wrong to believe LeBron and Wade are overrated and that the Miami Heat team was atrocious offensively in the playoffs.
To the Wade point yes I believe Wade can still be the top shooting guard in the league and be somewhat overrated (both his game rating and the actual view of the player).
I believe he is overrated in the game for a few reasons: horrible three point shooter, only an above average mid range shooter, and not the great defender he is usually made out to be. I would assume 2K gave him ratings better than what he deserved in those categories and the 96 rating itself is too high when compared to the other legends.
As far as how he is viewed in "real life" I believe he is overrated for the reasons I stated earlier: he struggles against good defenses and has had inconsistent stretches throughout his career. The greatness his numbers portray (at least before the LeBron era) were greatly affected by the fact he had the ball in his hands all the time which would be fine if he were delivering results. However after '06 his teams had little success and players such as Michael Beasley and Dorrel Wright became much better players once they got out of Miami and away from Wade.