Part 1 hype that was retconned by Part 2 facts.I think his Prime has been overlooked by his old age. Also, his tittles were exaggerated.
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Hashirama was the strongest Hokage, before Naruto. Not to mention everybody and their mother trying to steal Hashi cells because they want a taste of his power.
Also, does anyone seriously believe Hiruzen could overpower Ay or Ohnoki. Jinton negs Hiruzen's entire arsenal of jutsu.