Diamond Jubilee, Why bother?

I really don't understand this whole Royal family hype at all. The money the government must have spent on this Jubilee and the singers at it, Robbie, Kylie, Elton, Cheryl and lots more. Its a far more impressive lineup then any of them Live-Aid charity concerts and for what? Nostalgia? Pride?
Remembrance of an undemocratic time when inbreeds ruled the nation and Britain could claim to own a vast empire spanning across the world colonising America and teaching Indians cricket.

Well today she's basically just an old woman living on welfare except shes in a big fancy house and is given a pointless title, and what has she done to get there? Absolutely nothing, she was born into it. I hope the British tax-payer realises soon what a waste of 67 pence a year the whole thing is, they could use that 67 pence to buy some paper-mache make a crown and declare themselves Duchess of the Playground.