Hmmm, I'll have to agree to disagree there. Many of my favourite folkies never went near overstatement: understatement is one of the things that attracted me to the singers that got me into folk in the first place (Shirley Collins, Frank Profitt, Anne Briggs, Len Graham, Bert Jansch, Paddy Tunney, Mississippi John Hurt, Horton Barker, i could go on anon anon anon...)