It is actually earlier the beta. It is in alpha. The lust bomb thing is temporary and more an item to test a system for animation. The next patch which is v022b will contain a new system where girls will find partners around the map and mate with them, these are highly polished animations along with a dynamic fluid system for ejaculation. The lust bomb will be removed as well since the test won't be needed.
Check out our dev blog numbers 16 and 17 and see the roadmap on the main page for more details.