The January 2008 SAA Archaeological Record contained a self-report by Lewis Binford on his retirement activities. I found this piece disturbing in its apparent glorification of a romantic student-professor (or advisor) relationship. While I am not inherently opposed to such relationships, as long as they are consensual, I found the tone of the piece to be boastful and inappropriate for a professional newsletter.
On a positive note, I have used this piece in discussing professionalism with senior undergraduates. I do not tell them to avoid romantic relationships with their supervisors. Instead, we talk about why such relationships may not be a good idea.
Interestingly, while I know many female archaeologists who have become romantically involved with their male professors, I don't know any male archaeologists who have become romantically involved with their female professors.