I have never slept with a man who had a Prince Albert. I've seen them on rare occasion in the gym locker room, but that's as close as I've been.
I find them scary fascinating. I could imagine all sorts of things that might go wrong with them (as a child, I saw a horrible accident with a woman's pierced ear).
At the same time, I want to play with a fat cock that has one. My boyfriend has zero interest in getting pierced, however, so I'll have to leave this all to my imagination. As for me getting one, I don't think I have the courage. Maybe that's part of the attraction then -- tough guys are pierced.