Factual error: In season 4 generally, Phoebe has the shortest pregnancy ever. She gets pregnant as the boys win the girls' apartment. In the next episode Ross meets Emily, after 6 weeks he gets engaged to Emily and they then choose to get married 4 weeks later. Phoebe would only be 10-12 weeks pregnant by the time they fly to London, not in her third trimester.
Revealing mistake: Before Phoebe agrees to carry Frank and Alice's' triplets, she already has a baby bump.
Answer: The statements that she's contradicting (that it is common, it happens to every guy, and it's not a big deal), are the things that a woman commonly says to a man who is suffering from erectile difficulty, typically to assuage his bruised ego. However, most men do not believe that these statements are true, as evidenced by Chandler's outburst. He's so caught up in the proof that women are lying about it that he gives himself away.
Rooster of Doom