I think he is generally properly rated. He is a top 5 guy, and I don't see many people putting him over Jones, DC, and Johnson. Gus obviously has terrific raw skills, and I would still favor him against all but those three.
I am not one of those who thought he was robbed against Jones, but I have watched the fight numerous times, and scored it for him each time 48-47. Regardless, that was one hell of a performance. And as much as I hate immediate rematches, that was one we were robbed of. Jones "picking" Glover in that spot was gross, and ended up hurting the division. I would love to see Gus pick up a few wins and some confidence, and go to war with Jones one more time. IMO, that given their age and skill, that had the makings of a terrific rivalry.
I would also love to see Gus regroup with a proper team, and refine his skills before he becomes psychologically and/or physically broken.