I'm a staunch Republican, and the days where we throw off the monarchy and embrace a republic, completely disassociating the State from government can't come soon enough for me. Personally, I think the French got it right in 1789, and I don't see people eschewing visits to France, or indeed, Versailles, because they don't have some overpaid monarch in residence.
I think the best thing, though, is to quietly ignore all this bonkers baby nonsense because the whole atmosphere is becoming rabidly royalist again, rather like it did after Diana and pre-Cambridge Wedding, where anyone foolish enough to stick their head above the Monarchist parapet is shot down and basically called a traitor. Thank goodness that, although that lot still have power to halt parliament, they can't still bung us all in the Tower. Charge a fortune to get in it, yes, but not actually imprison us for daring not to doff our caps. I say if people can't have a groan about it online here without being shock-horrored, where can they? It's not actually doing any harm and it isn't starting a peasants revolt, more's the pity. They're safe from that for a bit because they have an ickle wittle baby.
Still, whatever the babys' upbringing, or wealth, or background, it's safe to say he'll be bald by 20. Money can't buy you everything.