Dargoth wrote a little something about it on his blog:
"The original title seems to have been Monster Girl Quest until PRISM apparently realized it might be confusing to have another game named that. It’s probably not a coincidence that the new title is a mashup of MGQ and Violated Hero… but whatever.
Between the bare bones demo and the description of the game, I can’t really figure out what the finished product is supposed to be like. The game has a battle fuck system, except it’s explicitly stated in no uncertain terms that you cannot win. If you get into battle with a monster girl, you gonna get raped. Is there going to be a story or any gameplay to this, or just a big field full of monsters to get fucked by? Who knows.
Sound effects are a bit sparse, but the art is rather good. Not Violated Hero good, but a step above the average RPGMaker game at least. It may be worth checking out if you’re looking for something to hold you over until MGQ part 3 gets released."
I myself look forward to it and hope it will get translated.