"not really good for"
Don't you mean something more like "does not come set up for out of the
box"?
The first statement implies "has no potential for, end of story." But
in fact there is no stock diatonic harmonica that comes already set up
for its full potential.
It may well be that the 1847 has good potential for overdrawing but
that the right reed setup is required. Once that is done, its potential
may (or may not) be even better than that of harps that come set up for
overdraws.
Why doesn't the manufacturer set it up for ODs? Two possible reasons
are 1) it would drive up the cost of a harp already made expenseive by
the reed material and 2) setting up for ODs may compromise the
playability for the average player; even experienced players often
attack the high notes too strongly for good response.
The 1847 I have, in G, overblows decently out of the box on Holes 4, 5,
and 6, though the OBs bend up gratefully less than a semitone. Holes 1,
2, and 3 are not set up at all for OB, and the overdraws aren't either.
My immediate temptation was to start adjusting it, but I decided to
play it stock for a few weeks first, just to get a sense of the harp in
its stock condition.
It's a very nice harp. It plays smoothly and fluidly, is very
responsive, and has a nice tone.
Jason Ricci tried my stock G briefly and was favorably impressed. This
from a guy who is very demanding of his harmonicas, does much of his
own harp work, and has a working case full of custom harps from Joe
Spiers, Brad Harrison, Richard Sleigh, and others.
Once I decide that it's time to start adjustinf reed action on my 1847,
it will be interesting to see what capabilities begin to emerge.