I blogged about this recently, it is when done properly utterly amazing and from a play / scene perspective it can allow a sub / slave to be removed from the interaction but still control them or I should better state utilize them.

I posted a blog on this and found this image just perfect for this fetish -

I also found the movie for this and if someone is interested in this fetish I highly recommend it - Fetish Zone : Latex - Bizarre Latex Lesben

There is a great clip about this fetish on PornoTube on my blog and also in the interview with Mr Gord from House of Gord where the images are from.

Found another one that looked very close to this "kink"!

"Join Madelyn and her friends, Scarlett Wound and Philly Nguyen, as they are bound, heavily disciplined and transformed into household objects. One by one, Mystery Man leads each woman into an otherwise empty room where he proceeds to spank, flog, gag and tightly bind them into their designated furnishing. With the use of industrial strength liquid latex, Madelyn finds herself held rigidly as a lamp, while Goth beauty queen Scarlett is bound with clear duct tape as a coffee table and the shapely Asian sensation Philly is humiliated as Mystery Man's easy chair. This unique video displays some of the most original bondage and S&M you will ever witness, presented in an artistic and sexy way that will leave you drooling."

There seems to be a focus on liquid latex in this film and I do have to atest that it can be incredibly fun to play with..especially pulling it off!