Probably pedantic, but there can't really be any overshoot with overdrive disabled - overdrive is the sole thing that causes overshoot. What's there is more like undershoot. I've found it to be pretty well controlled overall. With overdrive disabled, there's a fair bit of smearing. Up to Fast, it reins it in without noticable overshoot. Set to Faster, it does overshoot to a detectable degree depending on scene, but it's certainly not horrible.
That video actually gives a reasonable impression of what the screen is like in person (except overall the effect is less noticable than with the zoomed in framing, because you aren't generally sitting with your face pressed up against it
)
The smearing is there, but it's far from intrusive - the transitions cover ground quickly, but just take a little time to settle, so you don't get the feeling of full-on black-crush that you see on some VAs, just a hint of trailing.