No, its kinda cucking... Maybe it can be good if we can play from MILF's POV while she grooming her "tenant" and ONLY him. Unfortunately i don't know good game with this approach.
Haven't really done any all the way through. In the midst of one where you can choose MD/FeMC, Bad Memories, and the FeMC route actually seems creepier than the MC route. The only other has a "meanwhile" kind of thing going on, Desert Stalker, where you follow a female character and play her decisions while she's on a mission that determines whether or not she survives and returns, along with a small amount of driving her decisions upon her return. There may be more of this in the future due to her role, but it's more like "secondary protagonist" rather than a true FeMC role.
I have a few on the list to try, but so far my first experience taking that route in an alternate version of the VN is kind of luke warm at best.
Probably my favourite H-games are the ones with female protag and that have tags like corruption, prostitution, etc.
But I usually skip lesbian and futa-trans stuff, don't care/enjoy that much about it
I've never fully played through a female protagonist game, but I've also never seen the appeal for myself because it doesn't make sense for me to self insert because I don't see myself that way. The closest I've got to doing that would be when I making decisions as a female LI or other important character in a game, or maybe controlling the actions of what the female LI is doing to the MC.
Some of the best(GGGB, Project Myriam) - and some of the worst(A Wife and Mother, Jessica O'Neil's Hard News) - are female protag. Not sure where devs got the idea to make female protag games blueball no sex snoozefests.