I Watched a little low grade movie call "Spiderbabe" (the R rated Version) this weekend with friends.
We all agreed it was about the funniest movie we had seen in a long time.
From what I've read the R version is the one to watch as they replaced overly long soft core with additional real movie.
Don't know much about SPIDERBABE, but if you want to see a good one check out SPIDER BABY.