NO photos and NO drawings in the Pantywaist Reader series, just page after page of HOT X-rated sissyboy sex. Most are very long stories. But be warned: Do NOT buy this publication unless you like the most extreme and depraved sissyboy sex fantasies.    Pantywaist Reader #1 contains three stories, one wilder and more erotic than the next. In "The Sissy that Grandma Loves and Grandpa Hates," a perverted woman plays sex games with her young grandson while he dresses up in her old-fashioned clothes, until grandpa finds out, humiliates the boy and forces him into being his little girl.    "Spanking Stepmother Knows How to Raise Boys" is about a woman, who dominates her two stepsons, one is a gay crossdresser and the other she is starting to panty train, and she and her wimp husband keep them in line with sissy sex and a lot of spankings.    "Father Donovan Forgives Ronnie’s Sins" is about a boy who confesses to a priest that he masturbates in panties ever since the nuns at his grade school used petticoat punishment on him. The priest takes charge of the boy and shows him the way to girly-boy heaven.