Getting rid of the monarchy sounds like a good idea until you examine it. In nations where this has happened, a President is created - a politician - who takes on the pomp and ceremony which the royals previously had. But being a politician, a President is a much more wiley creature than a King or Queen.
Personally I'd rather have the monarchy. There is a strength and value to tradition and history which transcends money. Besides the royals of various nations support whole industries of magazines etc besotted with their activities.
America, the bastion of republicanism, has filled the monarchy vacuum with Hollywood and television actors. The frivolity and shallowness of their activities make the British royals look like amateurs.
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