While you guys are sitting around dreaming about liquid latex, just know that some of us have actually used it.
I went to a "Tarzan and Jane" charity party 2 weekends ago and was painted in latex chin-to-ankle as a tiger. White chest, orange body and black stripes. Only clothing I had on was a loin cloth.
tripleV, if you actually want to try it, email me and I'll give you some tips.