>>One more: the overloaded methods should be doing the same thing for different sets of parameters. Are we sure everyone is following that sameness thing? The code may be wildly different. We may have a method which says "hello world" when passed a string, and the same-name method which says "go to where you came from" when passed a number. All syntactically correct, and within the rules, except semantical. Or, nine out of ten same-name methods do it the same way, one does it a little different. Go catch the bug.
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>It sure is possible to abuse this feature. But you can also write overloaded methods that do essentially the same thing.

One can do nasty things in pretty much any language (spoken ones included :). I meant debugging - with the code in one place, it is much simpler to find.