Hey Shinobu,
I used to shave my legs in the morning and by bedtime it was almost time for another one...yep, it really does grow that fast. A couple of months ago (after much trepidation) I bought an epilator. I won't lie, the first time you use it (and any new areas especially) it hurts like...well, let's just say I quit several times to keep from crying. After the first "clear cutting" it isn't nearly as bad as only some of the hair grows back fast enough to yanked a week later. It took 3 major sessions (over a couple of weeks) to do my legs, arms and stomach...I'm still working on my chest as it is quite hairy and hurts a lot more than anywhere else I have done. I really want to get that finished as there is just something decidedly un-sexy about boobs with razor stubble and/or a 5 o'clock shadow.
I use the epilator once a week (give or take depending on my schedule...takes about an hour) and no hairy legs or arms. A couple of weeks ago, I noticed my legs weren't as smooth as they were when I first started using it so I decided to shave my legs for a special ocassion. Amazingly enough, my legs still feel smooth after almost 2 weeks (and 1 epliator use). I guess there was a "build up" of small hairs the epilator couldn't get that weren't thick enough to see, but could be felt.
Sorry, but I haven't used any of the gels that are supposed to slow hair growth, but like Casey, I have heard some people say that they seem to work...then again, I have heard people say all kinds of things, so try them out and see what you think. Heck, try an experiment and report back...Inquiring minds want to know.
Hope this helps.
......Laurie