No doubt some students would laugh it off. On the other hand I can see how others would feel uncomfortable in dealing directly with that type of individual. The well being, saftey and consideration for students concerns needs to come first in the school system....far ahead of blind acceptance of a teachers perversions. How many fathers here would be comfortable with their daughter attending a class where the teacher straps on a gigantic rubber dong under his tight pants everyday???
The notion that you're not allowed to speak up and question this type of behaviour even if it legitimately makes you uncomfortable is insane. Being uncomfortable doesn't make you transphobic, hateful or bigoted.
Josh