Re: What happens
"We stop pretending to be a monarchy I guess."
It's always difficult to explain to Yanks how our laws can say one thing, very explicitly, in writing, and yet in reality the system is actually something else.
On paper laws only happen after the monarch signs off on them, and is merely advised by parliament.
In reality parliament have held the power since 1649, and any monarch that thinks differently is quietly reminded what happened to Charles I. Still, having a queen doesn't half bring in those tourist dollars :)