This is the segment "Nightmare Alley" from the 1976 Ozploitation film "Fantasm". The woman is porn actress Renee Bond. She died of cirrhosis of the liver in 1996. The man is Al Williams. "Fantasm" was his only film appearance. The film was directed by Richard Franklin under the pseudonym Richard Bruce. It is hardcore in the sense that Williams really did fuck Renee - twice - but it was carefuuly shot and edited to pass as a softcore film.