Inside Girls Panties #4 continues in the format of previous volumes, but it also includes two much longer stories. Still, there remains a wide variety of the great items from our panty-loving fans.    In this issue: "Merry Little Christmas" about a 15-yr-old TV finally being accepted by his parents; "Easter 1966" about a boy who gets caught and thoroughly humiliated by his favorite aunt; "My Panty Wearing Got Me into Trouble" about a man whose wife discovers his panty secret and how she takes charge of him and his fetish; "Once I Was a Girl Scout" about a man who was often petticoat punished as a boy and hated it, but now finds he is strangely interested in it; "Lady, Your Balls Are Showing!"; "Well-Brought Up Pansy"; "My Wife Calls Me a Pantywaist" with photos of a woman pantying her husband; and "Son Pilfers Panties."    Panty thieves, teasing females, crossdressing husbands, sissy sons, and more! More! More!    Everything about pretty, lacy, old-fashioned panties is here for your masturbating pleasure. Pictures and stories are rated from "G" to "X" and illustrated with 1 drawing and 12 photos.