I've been to Laide a few times now. It's a nice quiet lounge. Everyone there seems to be a regular. It's off on Adelaide East, so it's not really around any others bars and clubs. You don't get too many random bar hopping in. Everyone there wants to be there.
The place has a retro-sex theme. There are naked anatomically correct busts as you walk in, they usually project 1950s porno on the walls, the bar is inlayed with vintage porno pictures, and there are a few other touches like this to help the name make some sense. There is lots of nice bench seats along the walls, with curtains separating chunks of the bench. For the most part the place is candle lit. It's dark as hell at night.
The food is phenomenal. They have a very small Tapas menu, but I shit you not it's some of the best food in the city. I think the chef used to be the guy from Bloom. (Or he created the menu, or something like that.) I've ordered most if not all the food on the menu, and I haven't been disappointed yet.
Drinks are pretty expensive. So is the food. What do you want? It's a nice enough place.