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I translated this in a rough form, though I need a typesetter. 

pg 1: "TS MONO: Health!"  by nekomasu ("TS stuff: health!" by nekomasu)

pg 2: 
Girl: So, that's what happened.... 
Haaah....
(Why did this happen...?)
Guy: I see....You are without a doubt Takashi.

panel 2: but, why did you dress like that?
Girl: It was my older sister.
Next bubble: (I hate it, why did she especially give me a skirt....)

Guy: ...By the way, what kind of underwear are you wearing?

Girl: If I wore boy stuff under the skirt wouldn't that be terrible?

(I'm not wearing a bra, but it didn't cling to me well.)

Guy: Yeah, that is true.
(That's like Takashi-kun)

Panel 3: I....can't see her panties....

pg 3:
But, about that...
There's no one but us here...

No matter how far we go with you, it'd be OK right?

panel 2: What do you mean? 

Guy: Even if I don't finish what I'm saying, you understand what I mean don't you?

(Are your necks okay?)

Girl: You know, we're you're friends so won't you show us the goods, and let us touch? It's totally normal.

panel 3: 
Guy: Fumu, That's the normal habit among guys of the same sex.

Girl: U....well...

Guy: But, in this den of virgins, we're in a state of emergency, which should pass as common knowledge.

Panel 4:
Smooth.... But, "I" still think of myself as a masculine "I"...

sfx: Shiiiiine
Guys: White
Guy: I saw it
Guy: It's...white?

pg 4: Sfx: (Annoyed)
Then, what do you want to do?

panel 2: Well, to start would be, your BOOBS, right?

guy: We want to see? We want to touch? And all that stuff....

all the small bubbles: (Boobs...)
Background text: BOOBS BOOBS BOOBS

panel 3:Mn, but you know, I'm regret to inform you,

but as you can see they're nothing like the huge boobs you love -- 
small bubble to the left: (wor hich I love too) 

-- they're different, they're really small.

sfx: squeeze

next page:
Starting today we'll be a flatchest appreciation society, so
....

You guys....