russ_watters said:
The French have some of the chepest energy in Europe.
Okay let's take your example of the French.
Err yes they do sell electricity at eur 0.03 / kWh but the French gov't puts aside eur 0.14 / kWh to cover future decommissioning costs.

Don't you love socialism and it's subsidies.
Presumably they don't put aside that extra money for kicks so it seems simply upgrading isn't a viable option or I suspect that is what they would be doing as the French have no intentions of phasing out nuclear power.
http://www.uic.com.au/nip28.htm
For the UK with it's handful of nuclear plants the gov't estimate for their eventual decommissioning is stg£70 billion.
The problem with reprocessing is you have to get the material to the reprocessing plant and the reprocessed fuel back to the reactor and so countries such as Japan ship these highly hazardous materials as afar afield as England for treatment with all the inherent risks such transport presents not to mention the appalling safety record of the UK reprocessing plant in Cumbria who apart from their numerous accidents think a sound policy to dispose of contaminated water is to simply pump it into the sea

. Plus of course reprocessing is by far the biggest contributor to nuclear waste in the entire cycle creating some of the most difficult high and intermediate products to handle along with ~8,000 m3/GWe-yr (cubic meters per Gigawatt electricity-year) of low level waste. That is reprocessing is the biggest producer of nuclear waste if, like the mining companies, you ignore the low level nuclear waste (which btw comprises 95% of the total volume of all radioactive waste) produced when mining the uranium ore along with the consequent pollution of ground and surface water.
http://www.ieer.org/sdafiles/vol_8/8-3/waste2.html
This blase attitude to low level nuclear waste might explain why the 18% of the US female population who live within 100 miles of a nuclear plant account for 55% of breast cancer fatalities. http://www.serve.com/gvaughn/prairieisland/hilolevel2.html
Note the actual space required to store nuclear waste far exceeds the physical volume of the waste products to prevent heat build up from the radioactive material.
On top of the above there are then the non-nuclear pollutants produced in the nuclear cycle such as hydrofluoric acid, nitric acid, fluorine gas, polychlorinated biphenyls (PCBs), chlorine, ammonia, nitrates, zinc and arsenic.
Not quite the cheap and clean energy source you are trying to portray.