vondoom said: If it has both a pensis and a vagina it's a HERMAPHRODITE. There's a scientific term or it. It's considered genderless.
Faggots.
Futanari translates into something along the line of "made of a pair", and is basically the Japanese word for Hermaphrodite, witch is where the name Aphrodite comes from, as she was a Hermaphrodite.
To me, futanari is a fun idea, and distinct from transgender males. They're fictional women with a vagina, but also a freakishly huge penis and an out of control male libido to go with it. I imagine it would be humiliating and embarrassing, yet also liberating, to be such a creature. They would never be able to hide or hide from their own sexual nature.