It depends on the woman.

I think it's great that bike manufacturers are realizing that there are differences between men and women's bodies. There are some women who could not get comfortable without that different geometry. I'm not one of those. I'm 5'5" and I ride a production Rivendell. I've been looking at other bikes lately and tested both set ups on a Pilot. I preferred the regular geometry - felt scrunched in WSD.

V.