The overloads protect the motor, the breaker protect the wire.
For motor branch circuit, short circuit and ground fault protection, Part IV of article 430, I prefer time delay dual element fuses, as they can be sized much closer the motor running amperage. A typical TM circuit breaker has to be sized much larger to allow the motor to start and come up to speed.
However, many electricians don't like to use fuses as it requires keeping spare fuses.
Bussman has some interesting literature showing how a TM or IT breaker will allow motor damage.
And what it comes down to is what is the cost of the motor, a small 2 hp motor is not worth rewinding, so a TM breaker may be the best way to go
Your topic title is fused disconnect as motor overload, typically OL protection is done in the motor starter.