Sanctus, many countries have "dumped their monarchies" and survived. I would have to ask what really you think the Queen does for Canada. She is obviously a part of our history, and I respect that, but on a political and economical level, what does she DO for us NOW?
England is a different story. Because obviously their history with the monarchy is more entrenched. And the proximity to the monarchy has created an aura that some people like. She is their "rock star" or " celebrity". And, undoubtedly in England, there has been a significant input into the tourist industry with the fascination of the monarchy and sites like Buckingham Palace. But even old generation Brits are beginning to question the huge expense of the monarchy, and at least are starting to demand that if the monarchy continues, then the members of the Royal Family have to accept that it is a JOB. They are paid Royally to be figureheads and representatives of the country, and therefore they should have standards of behaviour that earn their incomes. Partying around and misbehaving in public should not be tolerated anymore than it would be for me in my job. Many royals are accepting to step down from their duties to have a normal life, and in doing so give up their status and income.
Diana was such a hit, parlty because she did seem to try to do something with her immense power- such as fight land mines.
The Queen has to be seen to do this instead of bemoaning her annus horribilus and how many lovely paintings she lost in the Windsor fire.
Having said that, I am definitely not a monarchist. I earned my job and I expect others to earn their jobs, not just be born into them. And I am as apt as the next person to peruse the entertainment section to see what my celebrity rock stars are up to... but I have no misconceptions that the likes of Pamela Andersen do anything beneficial for ME.