I don't consider "Oriental" politically Incorrect.
I guess my opinion doesn't really matter since I believe the whole "politically correct" wave has gone way too far. People need to stop being so sensitive to words that have never meant anything derogatory. I'm not saying some things are completely distasteful or just plain wrong to use (the N-word comes to mind), but worrying about the word "oriental" is a bit much for me.
Oriental is like saying "White" or "Black". Are we all supposed to say Caucasian? European? Light Skinned? African? African-American? Asian? Chinese? Indian? Native American? Am I still allowed to say someone is Blonde or brown-eyed? Actually I never understood Native American. The Asians that came from Siberia might have been here before the Europeans, but I was born in the United States, so I'm as native as anyone else.
The word "Orient" basically refers to the Far East. Many people think of India, Pakistan, and Tibet when they think of "Asian". As far as I'm concerned, the Orient is China, Korea, Vietnam, Taiwan, and maybe even Japan.