I have just started a using an epilator (a Braun Silk Epil 3). This yanks the hairs out by the roots, so it could be painful.
I foolishly started by stripping the hairs from my boobs, decolletage & nipples. I had to be very careful there! I pinched each nipple firmly with a clothes peg, pulled it out hard and shaved it as close to the peg as I could.
Each boob is now covered in a bright red rash, and my nipples are really aching from the pegs! I really can't understand those who get thrills from using nipple clamps.
I tried it briefly on my legs and it didn't seem so painful there.
It also creates a lot of nasty hair debris in the washbasin. I got rid of it with the vacuum cleaner, as I didn't want to clog the drain with my boob hairs!