COMEDY/READING/LAUNCH PARTY: Margaret Cho headlines tonight's "Progressive Reading Series," which doubles as a launch for TheRumpus.net, a site for local literati dipping their toes in the Interwebs. Former gay hustler Stephen Elliott hosts, with special appearances by Daniel Handler (author of Adverbs), Jerry Stahl (author of I Fatty and Permanent Midnight), Pornstar Lorelei Lee, and music by Yellow Dress.

7 p.m. // Makeout Room (22nd Street) // $10-25

DRAG: Superstar Varla Jean Merman returns to San Francisco with her newest revue, Victory Lap Dance. Rabid Varla fans will want to get to The Rrazz Room 45 minutes prior to show time, so as not to miss The Varla Jean Merman Film Festival.

8 p.m. // Razz Room (222 Mason Street) // $30-$35