Small, but hopeful, information for a release of One Piece uncut (In Australia anyway). Madman releases all of the anima in Australia, and they always talk about upcoming releases at conventions. This tidbit came from a Q+A session at Manifest 2006. (These are not word for word, but close enough)
Q: One Piece Uncut?
A: Would love to, but Japan is sitting on the rights, going to talk to Toei.
Sounds hopeful, but it seems like Toei can be a pain, going on some other Q+A
Q: Sailor Moon, will we ever see a uncut version?
A: We would like to do box sets, but Toei has put it in licensing hell.
This could be due to something else though… But, from the sounds of it, 4Kids doesn't hold the license for the original version. Lets hope Madman gets a deal with Toei, so we can finally get the real One Piece legally :3