Naked

Naked Blood [Nekeddo burâddo: Megyaku, 1995] from director Hisayasu Sato is an above average Japanese splatter movie. It is in the same category as the Guinea Pig series, but it has some more depth. A 17 year old boy genius has created a serum that if injected will turn pain into pleasure. He decides to test it on three girls and the results are exactly what you expect; gore and splatter.
You could read this review or this one before you download.

The movie comes in about 24x20MB. splits
http://rapidshare.com/files/30761399/nablo.avi.000
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Enjoy