The real university porn stash is at the Kinsey Institute at Indiana university. It's often rumored as the second largest in the world, bested by only the Vatican. Alas, they have confirmed that is not true. But it is a pretty freaking big collection. Alas, the stacks are closed and all porn must be viewed in the reading room with white felt gloves on.

http://www.kinseyinstitute.org/library/

I took several tours in undergrad and the walls of the place are lined with an amazing collection of historic and/or arty porn.

This strikes me as more of a degas homage than a random woman's lower half...
http://graphics.jsonline.com/graphics/owlive/img/sep04/degas_ballerina_092204_big.jpg