IFC Films has released the trailer for Madonna’s directorial debut, Filth And Wisdom. The official plot synopsis describes the film as “a hilariously sexy tale of three roommates who must delve into mischievous and naughty behavior in pursuit of bigger and brighter futures.”

“A Ukrainian immigrant, A.K. (Eugene Hutz), finances his dreams of ‘trans-continental superstardom’ with his band, Gogol Bordello, by turning tricks as a role-playing cross dresser. As A.K. literally whips the privileged of London into shape, he also secretly pines for the object of his affection, Holly (Holly Weston), an aspiring ballerina looking for her big break while moonlighting as a slippery stripper. Meanwhile, Juliette (Vicky Mclure) steals medicine from her pharmaceutical job in hopes of quenching her dreams of helping Africa’s youth. FILTH AND WISDOM is every bit as erotic and playful as it is poignant and touching, revealing the universal struggles we all face in our pursuits of happiness.”

This 80-minute film began as a half-hour short, and somehow grew and grew. The movie is already beginning to rack up mixed reviews. Emanuel Levy calls the film “too pretentious and structurally messy to exert any real impact”, while Screendaily calls it “no better or worse than the average creaky low-budget Britflick.” Tell me what you think in the comments below.

Filth And Wisdom hits theaters starting on October 17th 2008. Check IFC to see the full listings of theaters and release dates.