Do you remember Bubble (2006)? If so, you will know if you want to see this movie.
Shot in nearly the same style, this movie is difficult to watch because I had a really hard time telling apart the characters. After a while, you realize that the scenes are meant to gradually portray Chelsea's conflicted emotions; she's a high-priced call girl, but she's still a human being. Not everyone's can be as forgiving with so many scenes that didn't appear to do anything.
I saw this at the 2009 Sundance Film Festival, where it was surprise as it was billed as only An Evening with Steven Soderbergh. It's a preview cut (finished one was recently debuted at Tribeca Film Festival) but unless they re-edit it completely from scratch, not much would change to the feel of the movie. By the way, Soderbergh is a lot of fun in person, so don't ever miss a chance to see him in person.
Soderbergh on the film's visuals:
Soderbergh on Sasha Gray: