One of the better sports fan arguments/debates is along those lines; would you rather your team be consistently good/very good for a long stretch, with few or no actual championships? Or in the same timeframe, suck much of the time but win several titles?
The Braves are a great example of the former; 14 years straight years of making the playoffs. Lots of fun as a fan during the preseason and regular season, knowing you're a contender to win it - but almost always ending in disappointment.
The Marlins are a great example of the latter; win two championships in a short time frame (6 or 7 years?), but pretty much terrible in the other years (IIRC, they've made the playoffs twice in their existence, winning the WS both times). Lots of season where you're out of the hunt by Memorial Day, selling off your best players to accumulate young potential & hope that they all mature at the same time.