Okay, so Prince William's penis is currently being ogled at by folks everywhere, if only because the penis belongs to Prince William...
What, you don't know that there are photos of the future King floating around the Web? The poor dear was answering nature's call when someone snapped a photo and showed Americans what an uncircumcised penis looks like. See here! You know you want to! (NSFW, naturally.)
Upon careful examination, I realized that Willie ain't the only prince who flashed the goods in the past. Here are some NSFW links with photos if you ever wanted to see what the penises of members of the royalty look like.