I really don't think changing QE or PoW to the ARK is a very good idea. If you do that, Joe/Josephine Public will simply believe that the Queen is on her throne, the lords are in their Admiralty and all is well in the Heavens. They need to feel that we really are up poo creek and they really have lost something.
ARK was for the breakers as soon as the first CVS contract was signed. This "anguish" over "loss" was inevitable so why didn't some bright bugger think of that then?