I'd agree on it being tasteless (and I really like Texas) though it's still impressive work. I can't remember the company, only that it is from Italy, but they have a line of bullino engraved guns with fairly tasteless nudes - I'm not a prude by any means but give me a break. I really like the deep relief German engraving - I guess there's something for everyone.

Here's a silly idea that I really like (on a bolt rifle) - the ball being shaped as a cat's head: http://www.mauser-usa.net/mauserrifle.jpg
And I thought I was the only person who'd want that.