At Lou Reed's website, there is an excerpt of a short film based on "Walk on the Wild Side." Here is an excerpt of the introduction:
"Paris native Stéphane Sednaoui turned his creative eye to film in 1991 through directing music videos and commercials. His first major breakthrough was...'Give It Away' by the Red Hot Chili Peppers in 1992.... In 2005, he turned his artistic vision to a brand-new short film based on and inspired by...'Walk on the Wild Side,' with cameo by the author. This is the first time this song has been documented on film, with the approval of Lou Reed. The video in its entirety has a XXX rating."
I haven't seen it yet, but I plan to in the privacy of my home.