Society can be rough on people with odd, bad looks or fat. I unfortunately know. One of the main reasons I didn't get into medical school the first time I applied was the interviewer told me I was too fat to be a doctor. I was lucky the next year and a much nicer interviewer actually looked at my qualifications more than my looks.
Strangers treat me signifcantly better now that I am about normal weight and I have caught women actually give me a once over now. So I would definately take the looks. It would just make life overall more enjoyable and open opportunities that wouldn't necessarily be available otherwise.
And, the huge cock thing would really only be a plus for a low percentage of women. Most would find it a problem. Not many women would have a problem dating a handsome man.