One of Newsweeks Top Seven Health Myths

6. Shaved hair grows back faster and coarser. Wax, shave or cut—no matter how you choose to remove your hair, you won't change the texture or speed at which it grows back. Leg hair will, however, appear coarser right as it starts to grow back. "The hair that initially grows back is blunt, hasn't had time to taper off, so it might look darker," says Carroll. But as it gets a bit longer and is exposed to the sun, it will look exactly like the hair you started with.

Not that i wax my legs or face, but i thought it was interesting.