I'm not of the BSDM persuasion (at least not much) but anyone will enjoy the Kushiel's Dart series (Jacqueline Carey). Excellent detailed world-building and great characterization.
CR
Just finished "The Crimson Petal And The White" by Michael Faber.
It's about a Victorian prostitute in late 19th century London and it's really, really good! Brilliantly written with an unusual but very involving narrative structure
xx SF
I'm about 100 pages into The Girl Who Played With Fire by Stieg Larsson. It's the second book in his Millenium Series
"Nos laetus epulor qui would domito nos. (We gladly feast on those who would subdue us.)"
"Nil satis nisi optimum. (Nothing but the best will do.)"
"I hate it when things don't go my way. It makes me so...horny." - Sarah Michelle Gellar (Kathryn, Cruel Intentions)
"Sex is just alone time with someone else there." - Taint on The Lex And Terry Show, 11/11/09
"Stupidity isn't a crime, so you're free to go."
"I am The Devil, too. There can only be one devil. One of us must go." - Ozzy Osbourne at the end of his cover of "Sympathy For The Devil"
"Your ego is not your amigo." - Nikki Sixx, The Heroin Diaries
"It's my world. I'm just letting you live here." - Mandy, The Grim Adventures of Billy & Mandy
I've just finished The Crimson Petal and The White by Michael Faber which is awesome and I love Victorian England books, One Day by David Nicholls which just broke my heart to pieces and had me in tears and currently reading Jasper Fforde's Shades of Grey
"I think it's important to listen to the people that know us best, if you do, you might get to rock" (JD from Scrubs)
"I'm not mad. I'm just...well, differently moralled, that's all." Thursday Next in Jasper Fforde's novels ♥
"First say to yourself what you would be; and then do what you have to do"
“Dear News 24, go to bed!
just finished The Devil's Punchbowl by greg iles. awesome read.
Read any of Anne MCaffrey's "Pern" novels; not only are her characters 'real', she even manages to make the dragons live.
On a totally different tack, SF humour by Tom Holt is dangerous - the operation to suture a split side is horrendous.
If you want to read SF, I highly recommend Terry Brooks. His descriptions are highly poetic, and his stories very engrossing. He's written so much, I'd hardly know where to start. It's possible to go all the way back to Shannara (usually available as a trilogy in one volume or set now), or to begin with more recent volumes regarding the Knights of the Word, setting in motion events from the present day that will eventually generate the world of the Shannara stories.
Since this is a sex stories site, though, I can't help also recommend Ann Rice's "The Taking of Sleeping Beauty"...and all of its domination, forced bisexuality, etc.
I am now reading a book i read in '68 by Robert A. Heinlein. His wife rereleased it with the 60,000 words that the censors removed in 1961 it is called "Stanger in a Strange Land
Just re-read "Norwegian Wood" and liked it even more years later. Now near the end of "Kafka on the Shore".
The Alchemist by Paul Coelho - a fable about following your dreams- "treasure lies where your heart belongs"
ok i am a big fan of historical novels.
The Count of Monte Cristo by Alexander Dumas
it is quite long but a worthwhile read
Anything by Alan Furst - who writes about the period around WW II
"The Postmistress" by Sarah Blake
"A Secret Kept" by Tatiana de Rosnay
I've just finished reading Vladimir Nabokov's and loved it. It can be a little dry in places and the French bits annoyed me, but on the whole a really great book. I really need to get my hands upon more by Vladimir Nabokov. Currently, I'm trying to get my hands on Schrodinger's Cat Trilogy by Robert Anton Wilson, but it's hard finding it at a price that I agree with. Another book I'd recommend is Johnny Got His Gun by Dalton Trumbo, it's set in WW1 and if you've ever heard the song One by Metallica, you'll have an idea of just how terrifying the book is (the song was based on the book/film and it's actually quite accurate about the fate of the protagonist).
Just finished Wizard of the Crow by Kenyan author Ngugi wa Thiong'o. A great dark comedy set in the fictional African nation of Aburiria.
The Crimson Petal and the White by Michel Faber.
Wikipedia: The main characters include William Rackham, the unwilling heir to a perfume business; Agnes, William's brittle, long-suffering "mad wife in the attic"; and Sugar, a decidedly unconventional and strong-willed young prostitute whose intense affair with William gives her the opportunity to climb to a higher perch in the rigidly stratified class system of the time. Other characters include Henry Rackham, William's pious brother who wants to be a clergyman, and his friend Emmeline Fox, a widow who works in the Rescue Society that tries to reform prostitutes.
The novel is told from the perspective of all of the main characters, and the omniscient narrator occasionally addresses the reader directly. There is also a meta-literary aspect, as Sugar is working on her own novel, Henry writes sermons, and Agnes keeps a diary.
I just finished The Erotic Dark by Nina Lane. It was...interesting. Boiled down to a woman choosing to be the sub to three doms; one gentle, one brutal, and one sadistic; over going to prison. It was well written, but there were times when the author delved into the sub's head and made it feel very gray in the area of consent.
I just finished it recently. 
