As a man I "am conflicted by women-only stuff" too.
"a bigger part of me accepts that there is a need for this sort of thing - and if it doesn't appeal to me personally, then it is possible that I'm just not the sort of woman that it is aimed at"
With the aim of 'getting more people cycling, more often', if it works it's worth doing.
"there are other ways and reasons to ride a bike than to race"
Indeed, and that's not just a gender or sports/activity issue.
I think I am more concerned about "Olympic legacies" concentrating on "sport" - especially where there is an emphasis on 'finding the next generation of elite athletes'.
Fortunately, in cycling at least, key people - Boardman, Wiggins, Pendleton etc. - have put a lot of emphasis on the 'cycling is for everyone' (and not just racing) message.