Yes, it should have been gotten rid of in 1832. Abolish the House of Lords, as well. These are all complete anachronisms and at this point they are just glorified PR agents living off the public teat. But even that value is diminished as it is a reminder for many of the horrors of the British Empire.
"Horrors of the British Empire"
The only horror of the greatest empire in world history is that it's not still around to spread the beauty and wisdom of Anglo-Saxon civilization with the rest of the world.
Still horrible to many. The Northern Ireland conflict, the Israel-Palestine conflict, the India-Pakistan conflict, the Iraq-Kuwait conflict which led to both Iraq wars which led to ISIS... all started with the British Empire, my friend. And that's just naming a few.