I think you misunderstood what I was saying.
Yes, Sony makes some camera without the switch. Those cameras are intended for particular markets. They leave the switch out so they can sell the cameras at a lower price in that market, and to discourage re-selling those cameras in other markets.
A grey market camera is one not intended for the market in which is being sold by an unscrupulous vendor. That unscrupulous vendor has bought the camera at a lower price, and re-sells it at a higher price (somewhat undercutting the price of a camera intended for the region in which they are selling). A grey market camera may or may not have proper warranty support.
A purchaser, particularly a price-sensitive purchaser, may buy a camera from a grey market seller unintentionally, and end up with unexpected restrictions.
I don't have any older models any more - my oldest model is an A1 now. All my cameras do have the ability to switch between PAL and NTSC, but I've never used it. There is no 50i marking on mine.