Rare drops can be exciting depending on the player. For the hardcore players it is exciting, though it can also be intimidating and discouraging for others. Personally, I've never seen super rare drops as the main motivator to get me to farm an event or dungeon since it's not very realistic and achievable goal. I've seen them more as side attractions that are very fortunate accidents if I happen to get them. The more common drops have always motivated me more since those are things that can get more reliably. I think it's fine to have rare drops as long as the common drops and other reasons to farm (tier rewards, gold, token vendor, etc.) keep me engaged. I haven't really found much motivation to farm this event after getting the lvl 80 legendary bracelet, but I still do it for the dailies.
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