I'm confused why you think this is so bizarrely wrong. I mean, yes, some inexperienced guys are easily manipulated by attractive women, but I think that more successful and more experienced people would just make a joke of it, and not allow themselves to be manipulated easily.
And everyone "peacocks" every time they dress for an occasion or buy clothes because they like how they look. That's not weird or bizarre either.
Roko explicitly wrote about using a status-lowering level of teasing.
Part of the problem may be that a lot of play is inhibited attack, and it can be hard to judge just how much of a verbal attack is either intended or received.
Followup to: Do you have High-Functioning Asperger's Syndrome?
LW reader Madbadger uses the metaphor of a GPU and a CPU in a desktop system to think about people with Asperger's Syndrome: general intelligence is like a CPU, being universal but only mediocre at any particular task, whereas the "social coprocessor" brainware in a Neurotypical brain is like a GPU: highly specialized but great at what it does. Neurotypical people are like computers with measly Pentium IV processors, but expensive Radeon HD 4890 GPUs. A High-functioning AS person is an Intel Core i7 Extreme Edition - with on-board graphics!
This analogy also covers the spectrum view of social/empathic abilities, you can think about having a weaker social coprocessor than average if you have some of the tendencies of AS but not others. You can even think of your score on the AQ Test as being like the Tom's Hardware Rating of your Coprocessor. (Lower numbers are better!).
If you lack that powerful social coprocessor, what can you do? Well, you'll have to run your social interactions "in software", i.e. explicitly reason through the complex human social game that most people play without ever really understanding. There are several tricks that a High-functioning AS person can use in this situation: