I feel bad for LeBron only in his power to constantly sabotage himself in anything besides basketball.
He is either micromanaged by the wrong people or he's just completely incapable of stopping himself from saying and doing the most egotistical thing available...or both.
I personally think it is both. I think he has a warped sense of reality, a disconnect from his actions and the way they are or will be perceived by his others, and a poor sense of self and how he relates to a community.
In that regard, I feel bad for him. But that doesn't mean I like him or I sympathize with his probable confusion with the way others react to his choices(since I'm guessing and admittedly without any real insight at all beyond my own intuition), as I believe he lacks the capacity or will to truly understand the gravity of his actions or words.
In the end though, I like to watch him lose, because he fails to realize why he's losing when in his own mind (again, guessing with my own narrative that could very well be wrong), he should be winning, and handily.
EDIT: This is also the reason why Spolestra is completely the wrong coach for him. Spolestra might be a very capable and insightful coach in basketball matters, but I will guarantee LeBron will never respect or accept him. It seems like Spolestra's natural inclination is to command LeBron, and that would only work if LeBron thought he was worthy, and Spolestra has neither the track record of success as a coach or as a player to achieve worth in LeBron's eyes.
And that's why I think we'll lose Doc Rivers in the end after the big 3 are gone. Doc is one of only a handful of coaches that could relate to LeBron on a personal level, as well as possessing the track record to prove his example should be followed. Phil Jackson, Pat Riley, and maybe on the outside chance Avery Johnson or Byron Scott are the others.
Double Edit: And yes, I am feeling very smart and smug tonight, how nice of you to notice.