Well...in this case..a lot..

Unless you've been living under a rock, you've probably heard that Will & Kate are expecting...so here's what the bundle of joy's title will be!

Kate and William are known officially as the Duke and Duchess of Cambridge. According to the Letters Patent of 1917 introduced by King George V, their eldest child will be known as His or Her Royal Highness the Prince or Princess of Cambridge with any other children receiving the title of Lord or Lady until the Queen's death-at which point all of their children would receive the title Prince or Princess of Cambridge. 
 
Check out this interesting article from Yahoo!