When you see a hot trans girl and she is showing off her panties in any way. What do you like to see. Do you like the look of her cock tucked completely back and only what looks like a pussy showing? Or do you like the see the bulge in her panties? Her cock curled loosely in her panties and making them stick out and a round or semi round package?
I guess part of this depends on your involvement with trans girls. If you have never had a trans girl and have only really fantasized about them then you are more likely to want to see the smooth part as it looks more like a pussy. Then once you remove the panties you get to see her cock. While a guy that has been with a trans girl before might want to see the package. To know how big or small she is and to know if she is excited or not!
Take a look at this photo of Mariana Cordoba. Does this turn you on? How would you handle seeing this post from a woman like her?
Now that you have a taste for this and you want to see more. Simply click on the image above or a text link. Mariana has a ton of panties photos in her members area and also a bunch of movies as well.