In that case you and I are discussing different things. Atlus adding region lock didn't make people import the game, it just showed that people wanted to play the game, and Atlus in the end made the decision. 

I'm not arguing whether region locking has an impact or not (Persona 4 and Xenoblade show that it does make an impact), my point is that a lot of people simple don't import games.

True, but my point is that nevertheless a lot do just look at ebay and the amount of Japanese games being sold from just Japan. There is a hefty business in there.

Niche games like these aren't translated into other languages anyway. The only publisher that refuses to release English games inthe German market is Nintendo, and that's the only reason why games like Xenoblade and Bravely Default have a German text option. It's also the reason why Pokémon Conquest was never released in any country that usually gets its own version (France, Spain, Germany) but was released in the UK.

So it really wouldn't be a problem to use the US version (except of it's price because, even though the Dollar is worth much less than the Euro and prices are still the same in a numerical way if a game is released here, import taxes and especially shipping costs make it more expensive than a European version), but you know, region locking.

That's one of the few things I have to give the Vita credit for. It's weird how Nintendo invented region locked but didn't use it on their handhelds and suddenly starts to enforce it on those as well while Sony is abandoning region locking since the PSP. Kind of a reverse process. But Nintendo is weird like that I guess.

I guess that's part of the luck of living in NTSC region.  You have localization houses like Atlus; NISA; XSEED; Aksys; Gaijinworks and recently Idea Factory International to cater to every localization need you could want.

Meanwhile, in Europe, we have to cross our fingers that Rising Star Games; NISA or 505 games decide to pick up the title, and the latter seem to have given up on localization projects.  With the advent of digital it seems to be less of a worry since companies like Aksys and XSEED are opting to publish on PSN/eShop, but if you're gunning for a physical copy (or in some cases a copy at all) importing is your only option.

I don't think prices are that bad either.  You can pick up Muramasa or The Walking Dead on Vita for ~ £20 here in the UK, that's less than you'd pay for a new copy here.

I'm still disappointed that I never got to play Wild ARMs 2 or Wild ARMs XF at the time.  The former is now, thanks to the nature of PSN accounts, playable on PS3 without too much hassle; the latter I would still need to import a PS2 (or emulate) to play.

It's great that it doesn't affect you and all but after a number of generations of drawing the short stick in terms of games being localized to my language but being unplayable due to systems being locked down, it's refreshing that for the most part that's a thing of the past.  Which is what makes this a bit more disappointing.

but we are clearly not reffering to that. This game isnt coming to Europe so Europeans cant even get the US version to play in English.

I would personally almost rather have a game in understandable Japanese to me than to read it in "American" Always annoyed me slightly that we had a Game Boy Color release over here lol... give us back our "Ours"

This is a bit sad tho like a lot of other people said, if a company goes backrupt the last thing they should be doing is not releasing the IP's they've already created especially when like you've said Oniyide there is at least a semi English version of it out there to use, could easily put that on the E-shop and warn that it only has English language in it, I'm sure fans would rather that than nothing.

in this case something is better than nothing. I dont get it with Ninty systems and why people seem less reluctant to do e shop stuff. One Piece games have been releasing on PSn like clockwork