I don't have a favorite band. Its hard for me to pick and it would probably change quite a bit. I will admit I'm not a big music guy so maybe thats why I'm not to into the Beatles. I do like The Who and The Doors and they would both definitely be in my top 5. Bob Dylan has well although only his older stuff. I also like AC DC a lot, just because I love the way they sound, its very kickass. I do like more modern bands as well like Nirvana, Foo Fighters, The White Stripes (some, they dropped off significantly to me, and some others.
Also, I think the reason The Doors might be considered overrated isn't because of their music, but because I think a lot of people tried to read to deep into it. I think that happens a lot, people think their is some really deep message but really their isn't. Also, they relied heavily on long instrumental solos.