Most underated albums......

I think Tweakgeek has the right idea (and I agree with him about "Presence").

I'll nominate the Stones "Goat's Head Soup". Yeah, it may have been a let down after the run of brilliance that preceded it, but it's not the waste of tape most critics would lead you to believe. The album has a great drugged out and dreary atmosphere about it and all the songs are good except the stupid "Dancing With Mr.D", which is still partially salvaged by the awesomely nasty guitar riff it's built upon. I'd say it's the last fully satisfying Stones album.

Another overlooked goody is Aerosmith's "Done With Mirrors". This is a pretty solid piece of work and the last good record they made before sliding into overproduced MTV powerballad sorryness. It lacked hit singles which sunk it critically and commercially, but that is probably one of the reasons it's so good compared to the dreck that followed.

Finally, I'll nominate all of the Kinks' mid 70's rock opera albums. "Preservation Act I", "Preservation Act II", "A Soap Opera", and "Schoolboys In Disgrace" were all pretty well savaged by critics, but all of them are perfectly good. I'd easily rank the Preservation set among Ray Davies' best work.

I guess I must be one of the people who under-rates "Mirror Blue". I'd probably rank it dead last among Thompson's solo work. Some good songs, but the production is a disaster. Mitchell Froom should be tarred and feathered. But I can see where someone else might like it. . .

According to Amazon.com "Caravanserai" is indeed out of print. However, "Borboletta" is still available and for my money it's just as good.

I would think both of these albums are due for a Columbia/Legacy series remastering.