Wet shaving works well but if you've got typical male pattern growth and growth rate, on your legs for example, your gonna be up against it. I found that almost as soon as the hair had been shaved off it was coming through again and feeling horribly stubbly. Then you've got shaving rash to consider. This tends to be more of an issue in areas more prone to perspiration or where the skin is more prone to chaffing and rubbing. Upper legs can be horrible both on the inside and at the back near the butt. The hairs on the upper leg don't all grow downwards or even in the same direction and if you end up shaving against the direction of growth there's a possibility of nicking the skin around the follicle as the razor cuts the hair. Next thing you know Bob's your auntie

and you have a shaving rash that looks like a tropical disease. If your keen to keep things smooth all the time you might consider trying to shave over the shaving rash, this isn't a good idea. I tried it myself once when I was young and stupid and it was certainly lesson learned. (These days I'm just stupid) If the shaving rash doesn't resolve fairly quickly you can end up with ingrowns where the hair can't break through the scabs that can form. If you don't have oestrogen on your side you might find your skin isn't as "smooth" as it could be and again this can result in shaving rash where the tiny raised bumps and spots are shaved off. Something else to consider with shaving is that when the hairs grow through they are often coarse and rough at the cut as they are cut in the middle of their growth cycle and end up being cut at their thickest point. This is why some people are of the opinion that shaving increases growth. Male hair growth is generally thicker, more profuse and faster growing so what works for a woman might not be as successful, easy or practical for a trans woman.
Shaving the arms is a similar battle with the tide. Shaving rash shouldn't be as much of an issue but it can rear it's head sometimes. Re-growth is obvious on the arms and hands and stands out like a sore thumb and feels horrible and rough. It's a similar story for other body areas like the chest and back with stubble and shaving rash being the price to pay. Typically before oestrogen shaving needs to be thorough and daily and as a result your skin will take a battering and is more prone to minor infection and shaving rash
Waxing is a good temporary fix but it's a maintenance thing requiring constant update. Once you're into a groove with waxing all of your new growth will appear finer because all hairs start with a tapered tip before they man up and get thicker and darker.
Women bleat on about how men can't take it when they're getting waxed but the truth is that there are considerably more hairs being ripped out and they are normally more established than your typical female, hence they do actually hurt more.
The truth is the first line of this tune
I dare say a lot of the guys here at Susans are thanking their lucky stars that they can forget about the chore that is hair removal

For your amusement