I make a lot of precum and I absolutely love it. Feeling it ooze out of me when I grab my penis is amazing, especially if I'm playing with myself at the time.
If it's a public place, or when I'm not really doing anything sexual, maybe it's sort of annoying if I get a big huge spot on my pants or something, but it definitely looks different from peeing your pants or something, isn't nearly as noticeable, and I feel that if someone does notice, I don't need to be too ashamed or anything - it's not anything I can control.
Maybe it's a little embarassing if they think there's sexual thought when there isn't, but oh well. I just deal with it I guess.