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07/22/2013 05:41 EDT | Updated 07/22/2013 10:59 EDT

Prince of Cambridge Born: What's Next For the Royal Family?

The world is going ga-ga over the Prince of Cambridge and lucky for all of us royal watchers, there's a lot more left to learn about the future king in the coming days, weeks and months.

The biggest question mark at the moment is what Kate Middleton and Prince William will name the tiniest member of the Royal Family. The truth is the name could be announced at any time, though the Queen's imminent vacation may speed things along.

Bets on possible baby names are pouring in, with Brits leaning toward James or George.

Still, the royals have been known to take their time with such matters. Prince Charles and the late Princess Diana announced Prince William's name after a week, while Queen Elizabeth II and Prince Phillip waited a whole month to name Prince Charles. "Kate and William themselves waited three weeks to pick the name of their cocker spaniel: Lupo," according to the Hollywood Reporter.

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The World Reacts To Royal Babys Birth

But before learning the name, we may get a real glimpse of the little Prince. The Duchess of Cambridge gave birth at St. Mary's Hospital in London, the same hospital where the late Princess Diana gave birth to William and Harry. Upon leaving the hospital, Kate will be expected to pose for the first public photographs of the little prince, just as Diana did.

While Will and Kate will probably keep a low profile with their son in the near term, the public and media can expect much fanfare any time baby Cambridge makes an appearance, including at his upcoming christening and possibly during a royal tour of Australia and New Zealand in spring 2014.

Diana took a baby Prince William on the same trip in 1983, and we bet Will and Kate will want to follow in her footsteps.

But long before then, the Duke and Duchess of Cambridge will want some quality family time with their new baby boy. William has already said he's taking a two-week paternity leave from his job as a Royal Air Force search-and-rescue pilot, and rumour has it Kate will move to her parents' house in Berkshire to enjoy the new child with family.

Check out the live blog below for the latest developments: