TLDR: A somewhat decent if frustrating story, competently told, that has little to no smut.
Across 19 Chapters, there are two semi sex scenes. Both are with the same character who you have little to no chemistry with, a magical nun nurse. She gives a handjob and a boobjob to relieve your stress. That's it.
While the story was pretty entertaining at times, this is the 4th game by this guy that has a lot of buildup with a lot of dangling threads, and the previous three never concluded. I don't see this one being much different, especially now that the game is going to become two games with two stories. I already see issues with how things have kind of halted in the Bunker. Danny, Sadie, and Francine have more or less disappeared as characters, Maddy and the protag keep repeating "they've been using us this whole time. well let's follow their plans anyway to follow the Grey. Oh they've betrayed us! Well let's follow their plans anyway to answer the call of the Grey." Also the player hasn't made any choices in a long while, and there's never been a worthwhile use of the ring's powers since he got it at the start.
Also it was annoying how often different characters would randomly bring up currently topical or political issues, and they all had the same exact opinion. You're telling me a Cajun nurse, a Mexican cop, and a spunky white teen girl all have the exact same views as a 40 year old white guy who watches too much cable news? I don't even strongly agree or disagree with any of the views, it's just uninteresting how everyone's clearly a carbon copy of the writer.
On more positive notes, the Sweet Dreams (Are Made of This) instrumental song is good and I laughed when I realized what it was. The action scenes are decent, which puts them far above most games that attempt any action besides sex. Letting the player be nice to charge up the ring and then be naughty with it as a reward is a fun gameplay loop on paper, even though it's never realized in a satisfying way. Think that's about it. Oh and the creator has gotten way better at making hot characters, even if they aren't ever in sexy situations with the player.
EDIT: I see in the Dev Notes that he clarifies there is very little smut in this game. Adding a star to the review because I don't believe you should judge something for what it isn't. However I wish it was a little more clear, maybe in the intro to the game, that this wouldn't be like his other works. I still think people are overexaggerating the strengths of the story. It is certainly unique, but he's basically been spinning his wheels going nowhere during the back half of the game. Why make Sadie and her mother poor if you kill the mom and put the girl in a coma? Why establish the coffee shop girl and the hot clothing store girl and the girl who likes to watch and then do nothing with any of them? Idk. Maybe this game just wasn't for me.