Does Kate Middleton not want to be a princess?

The buzz over the pond is that Prince William and his GF of seven years, Kate Middleton, haven't tied the knot because she doesn't want to be a royal. But hold your gasps- this is only a rumor. William and Kate are taking their time before settling down. Plus, Willis is still in training to be part of the Royal Air Force. And seriously- who wouldn't want to be a princess?!