From words of transperson I know, it's much better when men dreaming of fucking your ass, instead of wanting to kill you, also for many it works in favor of their self-esteem, cause it shows that men start seeing them as women.I think this discussion is more deviant of the fact that a lot of adult games/media nowadays have adopted a slightly change to the futanari definition. Originally it was only applied to women that had both sets of genitalia, but it's been getting a more flexible definition.
I've seen tons of games that threats a woman with only a dick as futa instead of a shemale/transwoman. I think this is actually a good way of approaching this topic, since I've always felt a little guilty by fetishzing dickgirls so much as I do since a lot of transwomen probably dislike the fact that their sexuality and gender choice has became a goon factory (although I can't really say this with certainty since I'm not trans). Treating girls with dicks as futas instead of transgirls in adult media like this one probably help alleviate somewhat.
Of course there are different opinions, this is just one of them, but lets be real, humans can sexualize anything, if somebody thinks it can be stopped, he can try.