I think it is the most important thing. Even if the team is not so famous but a product is good I will more believe this project.
i disagree with your statement about team and product. both of this is important. if the project have a product but the team is not good or not famous i think investor not interested with the project. and it same with team, if the project have a good and solid team but not have a product in their ICO i think this project will not worth it. so both of this is very important
Yes, A solid team and project is good investors will surely invest but in the long run if the project has no use evebtually price will go down and investors will pull out there investment unlike a solid team, solid project and with a product it will surely lure investors to invest in a product that has use in the community or for individual. So for me product is one of what investors are lookibg into before investing.