I didn't bother with the neuter version of this movie - it was neutered simply to make money for Water's investors as the NC-17 DVD would not be sold in blockbuster or walmart. Only the NC-17 version shows the true genius of Waters. It should have received an R rating as I've actually seen more sex in R movies, but even talking about sex now appears to cause the MPAA to "slap it with an NC-17." On the DVD special features is a commentary on making the movie that runs over an hour and is definitely a do-not-miss. If you're kind of a neuter and find yourself befuddled after watching the main feature, try watching the special feature, and then go back.