He's claimed four total—two with Cleveland, two with Miami. That puts him in elite company with Wilt, Russell, Jordan and Kareem as the only players in history with at least four. Racking up a couple more and surpassing MJ's five may not be James' ultimate objective, but it's within closer reach than trumping those six rings.
As far as legacy goes, James may have to take what he can get. Being remembered as the most valuable of MVPs ain't bad.
But even as his own game reaches new heights, his individual competition stands poised to do the same. This season's MVP race will be more than a two-man affair, perhaps one of the closest yet if Chicago and Derrick Rose narrow the gap out East or Chris Paul's Clippers emerge as legitimate contenders under Doc Rivers.
James is all but guaranteed at least one more MVP award, but that doesn't mean it will happen this season.