The thing is Tim, that Metal was talking about the UK, who never got a lot of great games. The nice thing to know is that if they are considering a UK/PAl VC release a US release wouldn't be too far behind.
Well, it's more of a global statement in my mind (even though that yes, they did talk about the UK only), as there's nothing stopping them from bringing it out in the US if it shows up translated across the ocean.
But yeah, the UK missed out on some great titles as you said. Didn't they not get Chrono Trigger for example?