I honestly never had a problem with this word until my last word aversion article ran. When it was published, sans-panties, I received a flood of emails and private messages all wondering why "panties" didn't make it on my list. [Sidebar: You will never see me as disappointed as I was the day I came to work and found 136 emails with "PANTIES" as the subject line and realized Oh. They're talking about the article.] So I sat around and said it out loud a few hundred times, and while I did realize that it's impossible to say it without sounding like either a child or a pedophile, (especially if you say it 100 times in an empty room), it never really bothered me as much as the words in the last list. But that doesn't mean it doesn't bother a crapload of other folks.
Dear HR: This is why "I hate panties" is in my search history.