I personally don't/didn't care for him, but, what the media is doing with him is no different than when anybody that is famous dies. There attention will start dieing down some now, but it will have it's spurts and then there will be a couple of movies about his life.
I am sure there are numerous people who idolize him and just can't get enough coverage of it. The closest comparison that comes to my mind is when Dale Earnhardt died, the coverage of it was similar as this. If you didn't have a problem with that, then you shouldn't have a problem with this.
That is the great thing about America, if you don't want to read, listen or watch it, change the channel or turn it off, nobody is forcing you to endure it. It isn't bothering me, cause I am not letting it.