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Many people think the Prince Harry nude pictures are being blown out of proportion, but the royal himself takes the situation very seriously.

“He feels he has let himself down and is very disappointed with the fact that he allowed it to happen,” a source tells the U.K.’s Sunday Times.

The paper also says it’s unlikely Harry will attend the Paralympic Games’ opening as planned, and will keep a VERY low profile for some time.

That includes toning dialing down his presence online. In the wake of the Prince Harry naked pic leaks, he frozen his anonymous Facebook account as well.

“Because all of the Vegas drama he’s shut down his account,” a source explains.

“So no more Facebook for Harry for a while. He’ll probably come back online in the future, but, for now, he’s been advised to go offline.”

“It’s best that he keeps a low profile for the moment.”

The 27-year-old will resurface a bit this week when he reports back to Royal Air Force Wattisham base, however. He may be reprimanded by the army.

There, the helicopter pilot will have formal interviews with both Lieutenant Colonel Thomas de La Rue and the Head of Army, General Sir Peter Wall.

“This is pretty serious,” a military source says. “General Wall is a tough guy to make excuses to. He won’t let Harry get away with just a light ticking off.”

Meanwhile, Rosa Monckton, a close friend of Harry’s late mother, Diana, Princess of Wales, stands by the embattled royal unconditionally.

“He is absolutely entitled to a private life,” she says. “He has a full-time job and he is a full-time serving member of the armed forces.”

“They all need to let their hair down.”

Although Monckton acknowledges that Harry is “guilty of a lack of judgment,” she goes on to say, “But that’s young men for you … It’s classic of a young officer. They work very hard and they play very hard. It’s a very simple thing.”

Rupert Murdoch would likely concur with that assessment.

What do you think? Prince Harry