from a kingdom to a republic

Thaksin has been accused of all the sins of his govt. There are good reasons and objections to how he managed his own finances and businesses and how he handled the Muslim insurgency problems in the south. But has Thaksin done any good to the country and the Thai people? During his watch as a PM, he had weathered the financial crisis with scintillating results. Thailand was the earliest to recover from the crisis and the Thai economy has grown from strength to strength. He has given away a lot of money and did many projects to benefit the ordinary Thais, especially the farmers. Now who else has done these to the Thai people and the Thai economy? No one, not even the royal families have done anything that really improve the Thai farmer's lives. And for what were the perceived wrongs of Thaksin, there is no justification to conduct a military coup to remove him. This coup is very exceptional in the way it originated and would have far reaching consequences to Thai politics and may even undermine the sanctity of the palace. Would the revered King become an issue? Would this be a watershed in the history of Thailand? Would this be the spark that would turn a kingdom into a republic?