When the word 'pussy' is used an insult, do you perceive it as sexist?

[OKNancy]

146. I looked up how the word came to mean a weakling

Weakness
The meaning "weak or cowardly person" has a separate etymology. Websters 1913 Revised Unabridged Dictionary lists this version of pussy as an alternate spelling of "pursy", an otherwise obsolete English word meaning "fat and short-breathed; fat, short, and thick; swelled with pampering ..."[1] The interpretation is often misconstrued, as it contains multiple meanings which some consider derogatory.[2] In fact, when pussy appears in the earlier 1828 edition of the dictionary, this definition is presented for the word, while the older pursy is simply offered as a "corrupt orthography".
Pursy (pronounced with a short u, and with the r slurred or silent) was in turn derived from an Old French word variously spelled pourcif, poulsif, poussif, meaning "to push, thrust, or heave". In this sense, it is cognate with the modern French verb pousser, also meaning "to push".
The word pussy can also be used in a derogatory sense to refer to a male who is not considered sufficiently masculine (see Gender role). When used in this sense, it carries the implication of being easily fatigued, weak or cowardly.
Men dominated by women (particularly their partners or spouses and at one time referred to as 'Hen-pecked') can be referred to as pussy-whipped (or simply whipped in slightly more polite society or media).

It's from wiki, but it sounds authentic: http://en.wikipedia.org/wiki/Pussy