Actually, I prefer quality over quantity. If you asked why, it is basically because it is more fun to do something that is extra-ordinary or kind of not really a thing that usually we do in daily toribash basis. When there is this 'fun' aspect, people would likely be more attracted towards it, or in this case, towards the event.
There is a limit to human's imagination so I think it is kind of natural if there are times when there are so many of events, and times when there are only a few of events. It's all about the balance, I think. So people can be hyped out because of events in just 'some' times, not like everytime, which is kind of sad, since most of them are only looking for the prizes, not the experience or the fun of the event itself.