I've done quite a lot of lifts, and in my opinion if one of you is going to be inexperienced, it's a lot easier if that person is the liftee.
One big thing is that an experienced lifter can make a lot of bad lifts "work". They often won't be pretty, but it gives the liftee a chance to amend things. Whereas when it's the other way 'round, you're often so far from doing it "right" that you've got no idea how to improve.
Now strength does come into this a fair bit. If you're strong enough, you can make it "work" in the same sense (i.e. not pretty, but enough to get a feel for what's going on). For some lifts most men will be strong enough to do this, for others the strength required is pretty immense.
Something else you may find interesting: it's often the woman who will "lead" during a lift. If you think about how a lift starts, this makes sense - it's the woman who will make the initial leap (or unweighting), and the most important thing is for the man to make use of her momentum at the perfect moment.
[There's one lift we used to do where my wife would jump and I had to reach behind her closest leg to grab the other. On video, there was about 1/12 of a second during which this was even possible, and a smaller margin where I could press her overhead afterwards. I have to admit it went wrong quite a bit!].