Thanks for digging that out of the aether's dustbin.
Funny, given that i had never heard of the term before, that the first thought i had was that the prancing fools are the least of our worries. After we burn the parli'ments and prisons and the courts, the banks and factories, the churchs and the ...; then we can turn our attention to the vestigal organs of authority - monarchs and nobility. Whether the sad little inbred fools would be worth the effort at that point is doubtful; 'keep your mansions and palaces, so long as you allow us the freedom of our lives outside your gates, and so long as no one else is compelled to sweep your floors or larder your table.' (paraphrased from kropotkin's Conquest of Bread.)
In constitutional monarchies, the vestigal monarchs often enjoy a sentimental popularity - the blood of the actions of the state spots the hands of the political class and their uniformed hirelings, the ceremonial figureheads sit above such soiling.