I see my braces fetish the same way as I see many of my other fetishes... it is not so much the "thing" as the mindset behind it. This is difficult to explain, but it makes sense in my head. To me, all forms of fetish has an element of "dominance and submission" to it. The fetish does not lie as much in the "thing" (in this case, braces), but in the fact that one "has to".
The fact that you cannot take them off is to me a more interesting mindset than the fact that one is wearing them. Or in the case of removable braces, like retainers and headgear, the fact that one *can* take them off, but that one either needs a stern level of self-discipline not to, or the fact that one is not allowed to.
some games I played in my life got very interesting, not in the fact that I was wearing headgear, but the fact that I was not allowed to take it off unless I completed certain tasks. The mindset needed to put the thing in, and keep it in despite the fact that it has now been very long and feels like total crap, is the attraction here.