Firstly, i have never heard of most of the games that you argue have not been "localized". And as far as i know, none of them are currently sold in Europe. That includes Fatal Frame and DDOC.
Secondly, in Europe people have to pay a lot of money for games. Shovelware here goes for 70 dollars. In the US you probably cannot even imagine paying that much for a PS3 title. But worst of all, Europe doesn't know the concept of budget titles. Zack and Wiki = 44 Euros, Resident Evil = 44 Euros, Samba de Amigo = 49 Euros, No More Heroes = 55 Euros.
Thirdly, a lot of games that are available in the US have not yet been "localized" in Europe. Try Professor Layton for the DS or Trauma Centre 2 for both the DS and the Wii.
And last of all, most good games come out either at the same time or a lot later than in the US (SSBB anyone!!!)
So as far as i am concerned, in the US, people are getting the best games first often at a budget price. Damn Nintendo of America.
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