I will answer the most important question first: NO, there's no dick in that package :DD sorry.
Why a jockstrap then? Well uhh, he must wear something respectable, manly and sexy, right!?

This is how far I've come with my character: http://www.furaffinity.net/view/5798535/
I'm not following the image 100%, but you get the point. He's evolved a bit too since then, so there's another reason the model will come out slightly different.
Anyway, I'm very happy with progress. Need to tweak tons of stuff but overall the look is just how I want it, in line with the style I draw. Except the feet, but I think it's better this way in 3d. And obviously he's still missing a tail! And fur, and hair and inside of the mouth etc oh detail details details.

Note that the crease running all along the center-line is from the symmetry modifier. Will be taken care of once everything is welded and adjusted.