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@wibble
@Spotter - I disagree with the 2nd and 3rd parts. I don't think the monarchy bring in more tourists than we'd otherwise get without them. He says the yanks come over here instead of France because we have a real monarchy inhabiting our castles.** Unfortunately for him, France is the most visiting tourist destination in the world.**
As for the political side of things, an elected president (plus elected house of lords) would curb any of the worries that parliament could do what it pleases.
I don't have any knowledge of the finances but my republicanism doesn't come down to money.