I don't know if my translation is perfectly accurate, but it should give a reasonably good idea of what's being said.
Posting the kanji/kana so that people can tell exactly where it is in the picture, and coloring it to further distinguish it. I think the order is mostly right, though.
First picture:
オンアに。。。
Female...
オトコが。。。欲しい。。。
Want...to be male...
女に。。。
Female...
欲しい。。。
Want...
身も心も。。。
Body and mind...
ホシイ。。。
Want...
揉まれて。。。
Being buffeted around...
男
Male
触られたい。。。
Want to be able to feel...
オトコ。。。
Male...
違う！
Wrong!
俺はそんな事考えてない！
I will not think these things!
乱れる。。。
Confused...
見られたい。。。
Want to be able to see...
Second picture:
オトコの子と仲良くなりたい。。。
Want to be friends with a boy...
ナンデ。。。
What...
カレシが欲しい。。。
Want a boyfriend...
オレハ男ナノ二。。。
I am male nonetheless...
もっと可愛く。。。
Also cute...
ヤメロ。。。
Stop...
もっとキレイに。。。
Also pretty...
チガウ。。。
Wrong...
そうすれば。。。
As soon as possible...
きっと良い人が。。。
Surely a good person...
誰カ。。。
Who...?
私を摘みに来てくれる。。。
Come pick me up and give...
俺ヲ助ケテ。。。
Save me...
EDIT--Also, I found a continuation someone else drew for that short series of pictures.
http://www.pixiv.net/member_illust.p...st_id=11807157
The art style's different, of course, but the first picture (showing the actual transformation) has a link to that picture as #3 in the series of continuations.