Almost. It's only fuckability, but through a lens of their own sexual repression. Gay is bad by definition and now they have to answer the question: Is it gay to find this attractive woman attractive if it used to have a penis?

The answer is: Labels don't matter. Everything's all individual, anyway. This person is attractive to you or not, period. There's a) no implication on your sexual preferences and b) if there was, who cares? Or rather, it's only you and your likes who care, and none of you have to.