Actually, I'd say the 1:1 dollar to euro would be much worse at the moment. The Aussie dollar is buying about $0.90 USD at the moment, so it's alright now, mind you it could well change to $0.70 USD within about a month considering how unstable and crazy the market is these days.
Just goes to show how region pricing really hurts quite a lot of people all over the world. It's just such a shame that we can only do so much to protest, because the majority of people who buy games from the big companies simply aren't aware of the issues at stake. But at least I know my money is going to developers who really deserve it.