Much like its predecessor, Nothing Is Underrated features various members of Washington D.C. groups such as Faraquet, the Capitol City Dusters, Medications, The Out Circuit, the Delta 72, Capillary Action, Rites of Spring, and Lally's bandmates in Fugazi.

He remarked: "Whether it's because the lyrics are of a more personal/poetic bent or because there are more guests... dropping by to add their musical science to the proceedings, Nothing Is Underrated comes off like a simmering piece of 21st-century blues.

"[9] In an article for Drowned in Sound, Sam Lewis noted that, "considering the Fugazi connection will be forever pinned to Lally, it's impressive that, having gone solo, he's been able to create something of an original voice."

He called Lally's playing "impressive, tight and hypnotic," but stated that "there just isn't enough going on in Nothing Is Underrated to make it worthy of recommendation.

"[6] Casey Boland of Alternative Press commented: "Lally still creates music as challenging and rewarding as his former band...