What people should be more aware of is TPP (Trans pacific partners agreement) and how that effects exactly what we are all doing now. As [sarcasim]upsetting, and morally awkward as it is[/sarcasim], streaming from overseas is the digital equivalent of parallel importing. By definition it is. Now thats been settled...
Under TPP
Some “circumventions” of technological-protection measures could become illegal
Thats where global mode comes in. To me global mode is the equivalent of a DVD player that can play in multiple regions. I have no doubt it is not illegal, and any court action would find the same. However add in TPP and something like global mode would be specifically targeted and made illegal.
There has been so much news and information about regional price gouging (Adobe in Australia), and my fears is TPP will make this worst.
EDIT: Added sarcasim for clarity :D