The black and white looked good (although the filter used resulted in a lack of dynamic range, so you lose a lot of detail). The thing that really bugged me is that no audio from the actors was used. There was a music soundtrack (which wasn't bad), and then random female moaning laid on top which had really nothing to do with what was going on in the scene. For me, this made it hard to care about what was going on.
Good for looking only, but if you want to hear the actors having a good time, not a great film.