This
I wish my name meant Dragonborn >__>
Except Dovahkiin doesn't mean anything because it is a made up language in a video game

Personally, I feel ashamed for the parents and sorry for the child. They've obviously forgotten how cruel other children can be when something about you is different. I can only imagine what the kid would go through if anyone ever found out where his name actually comes from.
But it's up to them I guess, and he can always have his name changed later.