I've got no problem with someone inheriting a title, or indeed the vast wealth that may come with it, however, why we persist in giving them any constituional role (thus justifying the civil list etc) is beyond me.
I also don't understand why the proles are expected to be interested in them, or anything they get up to. Last time I checked they didn't have any super powers or anything, so its back to man/woman waves from balcony/car sensation!