It seems like Manhunt 2 will get it's full uncut release in europe, but only in Holland, which of course means that those of us which live in europe can import it with little trouble and then just play it, but those of you that aren't (most of you) it seems will have a harder time playing the uncut version.
Also in the article :
In a letter to Parliament, Justice Minister Ernst Hirsch Ballin said:
‘The current law is based on the principle that every adult is considered capable of deciding for himself which games he wants to play, unless it contains illegal material.’
Sounds like good news to me
Source
http://www.mcvuk.com/news/28176/Manhunt-2-given-release-in-PAL-territory 
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*This may or may not be accurate information, this is my understanding but I haven't really done any research into it, and no I don't know if you can damage your TV by trying to display the wrong type of signal.
Is there a region lockout on the PS3?
I think I'm giving up on my plan lol
If you live in the US, you need NTSC.
If you live in Europe, you need PAL. And most stuff works on all PAL tv's while some NTSC tv's don't like PAL. The end :)
Holland has PAL and English, we never have localized audio unless it's some Disney/EA multiplatform kiddie game. We also use subs in our movies, so there's not much dubbing like in France or Germany in the media here.
You can change the region coding on the Wii game once it has been ripped, and then play it on your modded Wii. But that's only legal in Australia eh? ;)