I few months ago I participated in a leadership seminar. The first part of the seminar focused on Emotional Intelligence (EI) utilizing the following skills: Self-Awareness, Self-regulation, Motivation, Empathy, and Social Skill (source is Daniel Goleman - an emotional intelligence researcher).
The seminar forced participants to analyze why they respond to certain situations and interact with certain personalities.
I discovered some communication tendencies I wasn't aware and I'm slowly improving my be a better teammate. So, to answer my own question, "No", I don't believe EI is overrated.
What's your experience with EI?