As long as there's no official game ratings board here in Malaysia, there's no risk of games being censored since most ppl here still think games are small business. Movies & shows are already censored cause that's what the traditionalist farts understand and can see easily.

As for region coding.. yes.. it's a very very bad thing, but everyone has their reasons. Just be thankful that for 2 out of the 3 next gen consoles the region locking is an OPTION for the publisher to use, and not required.