Still a market?

They are now called Penthouse Variations and the pay is pretty good - This part is taken out of context from an email exchange with them: Penthouse Variations publishes first-person narratives in the 3,000 to 3,500 word range, containing explicit sex scenes set within a specific category and placed within the context of a realistic plot with well-developed characters... Payment for an accepted, fully revised manuscript is up to $400.00.

My first ever erotica sale was to PHL back at the dawn of time. I was such an innocent that I thought I'd somehow tricked the editor - I mean, it wasn't a real experience! I made it up!

/snicker

Well, the one about the two broke college girls with an overheating car, the mechanic, and the garden hose wasn't real, anyway.

The mechanic was technically real, but he was hung more like a hummingbird than a moose.

Speaking of which...
Sorry, can't resist the chance for self-promotion:

Corrections to last month's letters...

That was awesome. /forwarded!