My feeling is that it's probably not going to be "explicit" as we understand the word. But it still might be quite good. At least some of the women in the show are extremely hot. Check out Natalia Betancurt, Scarlet Ortiz and Sharon Fonseca.
And I think it will be released. The producer/director guy has last posted about the series in October, saying it's still in the works.
I read also something about making the series "interactive" and 360 degree views of the scenes (or sets?) in an app or something like that.