Well, while I think it'd be swell for me to stay a virgin until marriage - I don't think I'll have that choice. To me, that choice will be up to the first girl who thinks taking my pants off is a good idea. I, of course, will be in too much shock to protest or say anything.
Ergo, not up to me.
More seriously, in the words of Alex Trebek in response to your "I'm a virgin because I want my first time to be with the woman of my dreams.", I say: "Good for you!"
To your question, is it respectable? Sure. Will women respect it? Sure. Though I think you probably should know that the girl you end up marrying - unless she's like... part of some hardcore Christian fundamentalist group or Islamic group or whatever - will probably not be a virgin.
Or so I'm told.