Looking at what was kicked off the AFI list in comparison to Tootsie I am at a loss. It is a serviceable comedy with some pretty archaic views about both women, drag, and is more homophobic than a movie 23 years its senior. There is nothing especially memorable about its direction, or cinematography, and in some cases such as the score, and editing its outright bad.
Does it stand the test of time. Decidedly not. It has a completely chauvinistic view of women and thinks its making a forward thinking statement about gender politics. Working Girl is far superior if we are talking gender politics in the 80s, and Some Like it Hot, Too Wong Foo are infinitely superior if we are talking drag or cross-dressing movies.