What do you mean, OPS+ doesn't overrate Ichiro? Of course it does!
What it does not do is fully define him.
OPS+ is an incomplete measure of a player - and more like Ichiro and less like Frank Thomas you are, the less complete it becomes.
But Ichiro does benefit from idiosyncratic calculation of OPS, namely the double counting of singles, and the large quantity of singles that don't advance a runner a second base.
Of course, he is great on the bases and in the field. But, in terms of what it measures it helps Ichiro. Using OPS+ as a total measure of a player will certainly underrate Ichiro - but that's an incorrect application of statistic, because it is not a total player rating stat.
The one thing that is in Ichiro's favor is that his OBP is usually pretty high, despite the few walks. So, he's not masking a poor OBP with a good SLG, like, say, Jimmy Rollins. Relatively speaking, Ichiro's strength is the more important portion of the OPS, the on base.
THE REVOLUTION WILL NOT COME WITH A SCORECARD
In the avy: AZ - Doe or Die