Films like ''The Eyes of Tammy Faye,'' about the televangelist Tammy Faye Bakker, and ''101 Rent Boys,'' about hustlers on Santa Monica Boulevard, depict subjects that many would consider distasteful - but that the filmmakers make a point of treating with dignity and respect. Barbato, 42-year-old documentary filmmakers who have been partners in business and in life since they met in film school at New York University, often put their viewers through a similar introduction. ''I think if they get through that, and they make it up here, then they're O.K.''
Bailey explained, in his languid Oxonian accent. Many visitors, including Courteney Cox Arquette and Bette Midler, have accidentally been waylaid among edible undergarments and adult videos while trying to find the entrance to the production company's offices. WHEN Fenton Bailey and Randy Barbato bought the landmark Hollywood Center Building as headquarters for their production company, World of Wonder, they became the landlords of a porn shop called A Touch of Romance.
