Overdamped vs Underdamped Langevin

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Consider the :

$\textbf{Underdamped Langevin}$

\begin{align} dX_t&=V_tdt \\ \frac{m}{\gamma}dV_t&=-V_tdt-\nabla \phi(X_t)dt+\sqrt{2D} W_t. \end{align}

I believe $m$ is the mass, $\gamma$ constant of friction, and $D$ diffusion\temperature constant.

$\textbf{Overdamped Langevin}$

\begin{align} dX_t&=-\nabla \phi(X_t)dt+\sqrt{2D} W_t. \end{align}

What are the fundamental 1) modelling differences 2) mathematical differences between these equations?

Edit : I was a bit confused by this question and answer since it says we should NOT interpret this as sending the friction to $\infty$: Average velocity of overdamped particles in external field