Cyberpunk had the same thing, but it turned out to be a) very minimal options b) made no difference at all to story or romance c) irrelevant because without mods you couldn’t see them in game apart from in the inventory screen.
I suspect this would be the same, just a pointless feature to generate clickbait articles and maybe get a few more sales to horny coomer idiots.
I really don't see the point in stuff like that, feels more like a gimmick to generate articles like this one and free publicity than anything meaningful. The only game I'd care for dong customization would be a porn game, otherwise why bother, I'd rather see more hairs and body shape options instead.