Just from a male perspective...
Don't want to see it. I will admit, it is much better to see that one is wearing undergarments, then to see no undergarments at all. I undertand it may be more comfortable for some, but for anyone who forgot...crack does kill!
So, please, cover it up, or change the pants you are wearing. BTW, we (at least myself) also don't like to see those little tattoos just above your rear. In my neck of the woods, we call 'em "tramp stamps." No offense towards anyone out there, but we are in a professional career, and need to act as such.