Every bike but one that I've owned in the last 30 years (rough count is 26 bikes) there has been toe overlap. The one that didn't have toe overlap was one of the most poor handling bikes I've ever been on. I never saw toe lap as or currently see it as a problem. I find heel strikes on the chain stays more annoying than toe overlap.
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A conclusion is the place where you got tired of thinking. - S. Wright
Favorite rides in the stable: Indy Fab CJ Ti - Colnago MXL - S-Works Roubaix - Habanero Team Issue - Jamis Eclipse carbon/831