Webring.com:

Webring.com has 2,437 URLs listed in 1,316 Dmoz categories.

Gay Masters and slaves Ring
This web ring is for members of the gay community who are in or have an interest in the consensual Master/slave lifestyle. Note that this ring is for Gay Men Only. (My apologies to our Lesbian Counterparts.) [Yahoo registration required]
http://nav.webring.com/cgi-bin/navcgi?ring=gmstslv;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

GLBT S and M Bond
GLBT S and M web ring.
http://nav.webring.com/cgi-bin/navcgi?ring=glbtsm;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Suit And Tie Ring
A group of websites for gay men and others who have a fetish for men's suits, ties, dress shirts, dress socks and shoes, tuxedos, dress uniforms, or other types of formal menswear, containing picture galleries, adult material, chat rooms, some offer spac
http://nav.webring.com/cgi-bin/navcgi?ring=suitandtie;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Bear Ass
This ring for Bi or Gay bears who like getting rimmed or being rimmed, or like to show off their hairy bubble butts.
http://nav.webring.com/cgi-bin/navcgi?ring=bearbutt;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

BiCafe
The most comprehensive on-line BiCommunity created to foster the meeting of like-minded bi people presents The BiCafe Web Ring. This ring is intended to generate traffic and attention to web sites created for the purpose of promoting a healthy bisexual i
http://nav.webring.com/cgi-bin/navcgi?ring=bicafe_hangout;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Brotherhood SSRB
The Brotherhood SSRB (SS Reich Bruderschaft) has formed this ring to connect the personal homepages of their huge membership, allowing for easier contact between all. The Brotherhood enjoys a vast membership status spreading worldwide. The main criteria
http://nav.webring.com/cgi-bin/navcgi?ring=ssrb88;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Chubs and Chasers
A ring devoted to gay chubby men and their admirers.
http://nav.webring.com/cgi-bin/navcgi?ring=gaychub;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Gay Black and Latino Men Webring
Sites that depict either straight or gay, black and latino men. The pictures may be solo or homosexual action pics. Some of the sites may offer extras such as chat, personals, or videos. [Yahoo registration required]
http://nav.webring.com/cgi-bin/navcgi?ring=blatino;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Dungeon Alliance
Material about gay fetishes such as S/M, boots, military, straightjackets, and skins.
http://nav.webring.com/cgi-bin/navcgi?ring=dunal;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings

Gay CyberAge Webring
This is a webring for gay adultsites using CyberAge age verification system. Sites contain at least 50 images without any additional fees.
http://nav.webring.com/cgi-bin/navcgi?ring=gac;list
Top/Adult/Society/Sexuality/Gay,_Lesbian,_and_Bisexual/Web_Rings