ok, let me see if i can explain my reasoning for my beliefs, and please call me out if you think this is

, i am no expert.
the attachment a graph of the valve lift with respect to the crankshaft position for two cams, one a very mild cam and the other a very radical one, courtesy of Engine Analyzer 3.0. (TDC occures at 360* and 720* according to the graph, but not on this picture) note the intake valve position at the beginning of the compression stroke, the valve is still over halfway open when the piston begins traveling upward and remains open for almost half of the compression stroke. note how much more the valve is open for a higher lift,higher duration cam than it is for a small cam. it is my understanding that if the intake valve is open and the piston is traveling upward that part of the intake charge will travel back up through the intake valve into the manifold, thus reducing the amount of air in the cylinder, thus reducing overall compression in the chamber.
on another note, perhaps this is why some cam manufacturers reccommend a minimum compression ratio for some of their bigger cams, because the bigger cam would bleed off some compression. if a huge cam was used with too low of a compression engine, it might bleed off so much that the engine wouldn't run properly.
technically i guess this isnt valve 'overlap', but it is definately a cam thing.
DISCLAIMER:: I AM NO EXPERT ON ENGINE DESIGN ...but it makes sense to me...
anyone care to elaborate or school me?