Recently I've had very tender lips. They also seemed to grow outwards and become fuller. I've also noticed that the pigmentation has changed and they are a little bit redder. I've definitely noticed it on my bottom lip, but i'd need to compare with old photos for my top lip (I've got a bit of an overbite :S). I'm just on approach to the 5 month mark of HRT and really just started the 'good' stuff two months ago.
My lips have also been cracking a lot more on the lower edge. It really hurts, even with CONSTANT application of lip balm.
On a lighter note the extra pigmentation, with a clear lip balm, makes me look like I'm wearing a really nice color lipstick.

This doesn't seem to be on the list of common effects of HRT. Or if it is, its just under "face."
Anyone had similar experiences with their lips? Extra softness, color, size, shape?