You might have to mess with the video settings in neogamma to make it play in your region but it should work. Just patch the game like it says in the video and give it a shot.
BUT!!!!!!!!! Be sure you have a way to block disc updates. What firmware are you on and do you have preloader installed? If you run an out of region game that does an update to your system it will update you to another region and you will have a semi brick.