Yowza. When Peach takes off the ballgown, she really lets loose. I don't know whether the image itself is more disturbing than the fact that somebody actually thought of and carried out this work of art.
Bonus points: the Bowser bracelets on her thighs. As GayGamer notes, Vampy Peach looks a bit like a certain homoerotic depiction of Luigi.
Sexiness and the Mario games, previously: