In my opinion kids' anime shows have become too annoying and formulaic to tolerate. Especially Naruto - its only redeeming quality is its hard-rawking theme song, which I can practice my rad air guitar skillz on. Other than that, totally overrated.
First of all, if it was a kids show, it would be dubbed into Y7. It got a rating of PG. If you think the show is bad, you should watch the earlier episodes such as the ones in the Wave Country arc, then you'll understand. The show also exploits many feelings suck as betrayal, loneliness, and anger. Unless you're talking about the later episodes where they are mostly filler, then I can understand why you think it's crap. But, I'm assuming that you're watching the one on CN.
I can understand if you think it's stupid and I respect that, but it's not overrated.