Producer/director Aaron Hunter prefers the term "female impersonator" to "drag queen." Either way, his new Starz Cabaret show is royal. Modeled on high-camp, high-glam productions in Vegas and Chicago, Starz Cabaret opened in February and features a revolving cast of performers who ape only the most deserving divas. When Whitney, Barbra, Liza and others take the stage, there are more sparkly sequins, falsies and spike heels than you'd find on Cher's tour bus. The show flares up three Sundays a month at Club Dream, a huge new space in the upper Walnut warehouse district. Customers are seated at tables, show-club style, and the performers often come down into the audience to tantalize and tease: MC Chamblee Tucker is especially adept at the latter. Are you fabulous enough to take it? Sure you are, darlin'. Just have a seat and let the ladies do their thing.