I don't think the Master is THAT kind of master.
*stares at you* Your kidding right.....Have you SEEN Doctor who with the Master? Not even the New Who.. Classic who..... The Master is the Master... of Bondage....serly... I shall site proff
Of course, He's one of my Faves. Though Anthony Ainley will always be the best in my mind. I could see where some classic scenes could be interpreted as that but I don't think that was the intention. And RTD did write some disturbing dialogue ("I love it when you say my name"). But I still say that the Master's character and name is more about superiority than fetish.