I agree that that picture is a guy with tits.... not a girl with a dick. The litmus test of gender identification is the reproductive organs attributed to a given sex. Penis=male Vagina=female. It's that simple. So what we have here is a MAN who has grown breasts through hormones or had them implanted.
I'm not homosexual but I'm not homophobic. However, my reply to the question under which this thread was started is two-fold, conditionally. I would not have sex with any man whom I knew was a man, and secondly, if I were led to believe that the person hitting on me for sex was a woman who was, in fact, a man, I would do him a favor and complete his "transformation" by cutting his dick off and feeding it to him.