It doesn't really matter. If we are going to praise someone for their appearances, in addition to their wins, then competition has to be a factor.
The reason why this is of particular note to me is that when we talk about the legends, we always talk about how many they won, not their total appearances. To me, appearances don't matter nearly as much. At the end of the season, #2 is the same as #30 in that they don't have a ring.
"Kobe's got 5," etc. etc. etc. We never talk about the ones they lost, i.e. "Kobe made it to 7". When people talk about Curry's accomplishments, they often cite, in order, 2xMVP (1 unanimous), 1 chip, and his ridiculous season, never that he has 3 straight finals appearances.
It's just interesting is all. I will give LeBron all the props in the world for his wins. In 2012, he defeated 3 budding superstars in 5 games. In 2013, he successfully repeated (incredibly hard to do) by defeating the Spurs and playing fantastically in the closeout game 7. In 2016, he had probably one of the best, if not THE best finals performance of all time as a huge underdog to win it all.
Why the hell would I care about his appearances, even if he played great? The variance season to season has led to all types of reasons for teams going as far as they do. The one constant is that the east is incredibly weak.