From what I have seen of her playing, 2 is a vanity handicap. And let's not forget playing off the ladies tees. I wouldn't consider it being beaten when she gets a huge advantage on just about every hole.
Tees are relative. The person at the forward tees is hitting the same club as you into the green. That is to say, if you're hitting your 160-yard 7-iron, a woman might be hitting her 160-yard 7-wood.
If you went out and put up an 82, and a 90-year-old man playing from the yellows shot 74, you'd say you won?