Assuming that Putin is still in charge of the show, he should have (has) already figured out that his top brass were lying through their teeth and were embezzling funds, to such a large extent that the operational capabilities of the Russian forces was severely compromised. All this in addition to being professionally incompetent enough to get bogged down in the neighboring country with familiar terrain.
While a bloodbath on civilians is not something that Putin has a trackrecord of shying away from, it is evident that the original intent (the plan A) in this case was something else - in the initial few days, (almost) only military and related facilities were shelled.
Judging by how this whole blyatskrieg is going, it is obvious that the Kremlin was grossly misinformed about 1) the state of combat readiness of the Russian army and 2) the attitudes of Ukrainian people and 3) the legitimacy / support enjoyed by the Ukrainian government.
Going by the videos where the intelligence chief receives a dressing down like a school boy, it is very likely that people at / near the top just guessed what Putin wanted to hear and fed him that info. This doesn't change the fact that the boss was misinformed grossly. So Putin is one of the main things that are wrong with Russia, but on the flip side, I am not sure if the Russian system will allow for a real democracy, and will need a strongman to run the show. Russian / Soviet atrocities on neighboring countries long predate Putin.
In the past few days, I have read that a large number (10?) of generals were sacked. Now there are reports that the FSB officers in charge for Ukraine have been placed under house-arrest.
What are the odds that Putin will execute a purge in the ranks of the Russian government and military apparatus and continue to stay in power and attempt the fix the broken Russian system? What are the possible consequences if he does? Will there be less sycophantic and more competent people running the show?