I'm going to see this in October.
I've not seen the 'proper' one, but my old uni does the charity version every year, which I think is much the same. Some of the monologues are really funny, some of them are really sad, it's basically a real mish mash of everything to do with being a woman - from growing up, coming to terms with sexuality, dealing with periods, to, as pammyd says, things like female castration, rape, prostitution. Our version also touched on transexuality but not sure if the 'real' one includes that.
If you're of a sensitive disposition it's probably not for you as some of the monologues are quite graphic and crude. I'm really looking forward to it though!