Not only is it real, there is a support group for it.
http://www.psas-support.com/main/ Wikipedia suggests that surgery offers the greatest hope for remission.
As for the clinical presentation, it appears that ejaculation is not necessarily required.
I'm just trying to figure out the domestic relationship aspect - orgasm repeatedly for no discernible reason but inability to do so when engaging in sex. Sounds like the wife is going to need lots of chocolate and roses to consider getting over that.
stay safe.