Personally I view scouting as 2 part
1: Collecting and gathering as much relevant data as possible
2: Organizing and compiling this data into a useful format that is useable by team leaders (E.G. Drivers and such)
Yeah you can go overboard on part 1, collecting a crapload of irrelivant data, as much as you can overboard with part 2, organizing a bunch of irrilivent data that doesn't apply to your team.
There's many different ways to scout, all have their pros and cons, but it ultimately comes down to those two parts. If your team is capable of something extreme, go for it! Just be sure that you have enough manpower and time to compile all that data into something useable. A classic rookie mistake is to go overboard on the scouting and then all they have to show for it is a massive jumble of handwritten notes. Drivers can't use that

. On the other hand having someone just call stuff off the top of their head for teams and stratigies usually doesn't work too well either. Ultimately all that matters is that you take lots of data and organize it.
So can team's collect too much information? Not if they can organize it
