I think Moxie is up to something. At least in theory - I say in theory - globalization applies to porn just like it does to any other business.
However, I don't know how many legal barriers exist that make exporting/importing porn to/into other countries difficult; there just seem to be a lot of those obstacles, maybe making the concept of globalization a difficult one to apply to porn right now, even when it comes to delivery via web. Those barriers are impeding exports but they are also protecting the domestic market from even more competition.
One thing is certain. There is no place on earth like Porn Valley, just like there is no other place like Hollywood (for argument's sake, lets pretend Bollywood doesn’t really count). We have here a concentration of know-how, talent and perverts that is unique in the world. This is an advantage that should translate into a product that is unique and superior to what is produced anywhere else.
The question is: Can you do it? Are you doing it?