Is my configuration the right one?

G’day to all from the land of Down Under.
I got my mew Pioneer 108DL but I haven’t burned a DVD yet I am a little confused to say the least. Would any one be kind enough to tell me if the following configuration is the right one. I’m not sere about region setting, or if I have to patch firmware. The drive is set to region 4 (australia) and DVD Region Killer detects it as non region free drive. Is tis very important?
I will be grateful for any help.
From Sydney, Australia