It's within the top 50 on here, so I'm not sure it can be classed as underrated, but lots of people have mentioned the Shadow (which I totally agree with) and its right next to it in the rankings - Alice Coopers Nightmare Castle. Maybe its because there are only 500 of them out there, or because they require some fixing/adjustments out of the box, but I have spent the last month, playing, immensely enjoying, and totally raving about this excellent machine. All I ever heard about it was "it's too hard" and "the shots are way too tight". The shots ARE a bit tight I have to agree there - but this pin has sooooo much soul, charm and character. The theming is incredible, the artwork on it is stupendous, the music/sound FX absolutely ROCK, and the comic book animations are something to behold. The layout is so different to anything else I've ever owned and I love it.
I actually feel like I missed out a little not owning this sooner.