The fundraising "face of Bonfire" is an extremely valid point I hadn't thought of. I mean, I am sure there are groups that might donate in light of there being a female red, but there are far more that would NOT donate BECAUSE of a female red. This is a fundraising issue throughout all of the A&M network. Comparable to a female yell leader, some ol' farts would shet a golden brick over that. (which in a way is fundraising, lol... I digress) Plus you have limited time to "win them over" or generally earn any respect.
Now, inside the woods, I think there is potential for a different situation. The longevity of Bonfire yields to a turning of the tides if you will. The first weekend or two might be... err.. will be hell (some will just be passive aggressive), but eventually and through some "legendary feat" (ex. some feat of strength, a public display, or legendary folk-like tale about someone. Case in point, my lekner kidz knew about and respected... dear I say, feared Token before they met him, just from stories they heard from other crews or old guys. When he met them, he challenged one and lived up to it. They love him now.) and some hard work, respect will come around. I still personally think it might work, but as previously stated with lots of tension and vast difficulty. The point being that this is the type of person who is going to break that boundary. Someone who CAN take it, deal with it directly, remain focused on the whole of bonfire despite the animosity, and at the end of the day have done a solid day's work, themselves and having exacted it from the bonfire entirety.
Honestly though, for the sake of the organization, I hope it is a few years down the road (pending a litigation breakthrough... that changes EVERYTHING) because as opposed to what some people on here may think, Student Bonfire is still in its infantile, or at least adolescent, stage. A movement such as this runs the potential to divide the organization, breaking or stopping progressive momentum. Some crews are only a few years removed from their very own fire, and the outward public perception has been deplorable at times recently. With a little time and progression, Student Bonfire will one day be able to withstand that sort of internal controversy.