I personally don't think the Lords have enough power. They should be largely or wholly elected body with nigh-on equal amounts of power to the Commons.
The Commons has, over the centuries, slowly been eroding the powers of all the checks and balances that surround it. We're essentially living in a unicameral system, yet we pay for a bicameral one.
The Commons is too powerful and it needs to be reduced.
EDIT: And I've just thought of an example to prove my point. The expenses thing, people shouting about constitutional renewal, exciting times for people like me, as the constitution is very rarely at the forefront of British politics, and what was one of Brown's proposals? The ability for the Commons to remove members of the Lords? Further reducing the power of the Lords, rather than fixing the issues that lay with out Commons/Lords relationships.
