It was a big hit.
Sheesh! This has been discussed repeatedly here...
Giuliani did not dress up for just one event. You all want to refer only to the Inner Circle event. He appeared in drag many times for various liberal and less liberal causes. The "charity" event I'm referring to was a fundraising appearance for the Empire State Pride Agenda - a radical gay group that advocates for gay marriage, gay adoption, and an openly gay military among other things. At the same even, he also agreed to appear in drag on the gay soft porn cable show "Queer as Folk" although I can find no reference to him actually making the appearance on that show despite the gay group raising the amount of money he asked them to raise before he would appear.