Pretty much.Personally, I think penis in a dream could symbolize masculinity as well as eroticism that may or may not be the case in your waking life. It could mean that you're in touch with your masculine side. I don't think I've ever dreamed about having a vagina before, though that would be quite interesting to say the least.
I think it's probably just eroticism. Lately I've been having dreams with overtly sexual undertones, if not outright sexual scenarios every night. I don't know why. Perhaps I'm ovulating. Or maybe it's that I'm in my early late twenties, and so nearing that age at which women supposedly reach their "sexual peak." Celebrities have also been playing a large part in my dreams lately, which up till now has been an exceedingly rare occurrence for me, and I'm baffled as to why it's happening. Nevertheless, the celebrities and sex combined in that dream last night. You see, when it finally came time to do the nasty the scenario changed and I turned back into a woman, and the man turned into the Late Late Show's Craig Ferguson (which is pretty fine by me, since I've always had a huge thing for Scottish accents). Foreplay was great, but when he took off his clothes he turned into Steve Carell, who seems nice and all, but doesn't really do it for me. Too bad.
You should make it an effort to dream about having a vagina. You could look at a book of Georgia O'Keeffe paintings every night before bed or something.
The spiders appeared to be harmless, but the person--some random fellow employee in another department whom I don't know too well IRL--was freaking out. Then somebody showed me these little thin "grasshoppers" that also appeared to be harmless, and when one of them jumped and landed on my shoulder, I was panicking like hell in a "Get it off me!" kind of way that it actually woke me up. 
and think is perfection...the dream was weird it was in a cold and wooded area and it was dark but still kinda daylight outside...I was running through the woods and I was looking for my cat...he had jumped out of the car when I stopped to look at directions...he went into the woods...anyway I was running around looking for my cat and found Sarah by a lake...she was telling me all these crazy things and she said we needed to run from something I really can't remember what it was...we found a house around the lake and went inside...um there was a fire going and it seemed like people lived there but weren't home? She was going on about stuff and she was cold...so we found ourselves in an intimate situation. 
But all that was spoiled by my cat running in and this scary guy chasing him...it got fuzzy from there and I woke up. 
