Well...according to the ESRB's rating guide, it would be "Teen" : « content suitable for those aged 13 years and older; they can contain moderate amounts of violence (including small amounts of blood), mild to moderate use of strong language or suggestive themes, and crude humor. »
I don't think a pixelated pair of breasts (or even two pairs) could be considered as "graphic nudity". After all...it's like they're already censored ^^
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Well...according to the ESRB's rating guide, it would be "Teen" : « content suitable for those aged 13 years and older; they can contain moderate amounts of violence (including small amounts of blood), mild to moderate use of strong language or suggestive themes, and crude humor. » I don't think a pixelated pair of breasts (or even two pairs) could be considered as "graphic nudity". After all...it's like they're already censored ^^