We can play NTSC titles, not too much hassle, requires some tweaking though which isnt advised, I have a NTSC Xbox, Gamecube and N64, because I visit the US quite often, but you forget, NTSC is poorer quality than PAL
But usually we wait about 3 months to get the game after you guys, it aint a big deal, the problem really isnt as much as converting to PAL, but Producing all the PAL disks for release.