I don't know, man.  I've spent a couple of evenings examining vaginas, and this is no vagina.  It doesn't look much like a rabbit, for that matter.  Maybe some dude with hairy palms flashing a peace sign.  Or an upside down portrait of Kang and Kodos.  Hell, I'd even entertain this being an inverted gingerbread man grabbing his junk.  But a vag rabbit?  Naw, man.  No fucking way.