Yes, he went through Sandhurst ( a quicky training course, as opposed to an actual, full fledged course ), was automatically part of the army upon graduation, and is a commissioned officer. But this bit of "news" has been floated at least two times previously. It is just a rumor, that keeps on being repeated, based on the fact that it is claimed that Harry once said that he wants to go to Iraq.
Still doing his Recce course, last I heard.
I take your point, but we are dealing with the popular press here. Until there is an official announcement from MoD and/or the palace that his Regiment has been posted to a combat zone, and that a decision has been taken that he will not accompany them - we are all just jacking our jaws, to use a French phrase.