I disagree about ADV 20 being worthless.....extreme but not worthless. The ADV 0 guys focus on current and development to project what someone will do. Where the high ADV guys have an advantage is trading for prospects in their first season after being drafted, sometimes 2nd. There hasn't been enough dev cycles yet to get a sense of how quickly and to what ceiling a particular prospect might have. That is where the high ADV can exploit the 0 ADV guys in trades.
I've been moving towards low ADV myself. I can do a good job once a player is in their 3rd season and sometimes in their 2nd season of estimating their potential. However, I'm much less accurate when it comes to 1st year players.
Yes, people over-value star prospects.....not all that much different with many real-life MLB teams. There are plenty of exceptions (AL East), but you'll find that most teams rarely deal away their top guys they view as future stars.