I stopped shaving my legs a couple years ago and my underarms last year. It's too time consuming and makes my skin irritated and scabby, and I'm just not that hairy in the first place. It's visible, but my boyfriends of the time didn't notice until I'd mentioned it.
Though I confess, I feel like kind of a weirdo being the only participant (as far as I can see) with hairy legs at triathlons. But I have no doubt that the egregious amount of time I might spend shaving is much better applied to training and technique. I certainly don't race with any intent to meet conventions that dictate female attractiveness, and a speed improvement of microseconds just isn't worth the effort (or pain). I've read that one purpose of shaving for sport is to remove dead skin cells, but I exfoliate regularly as is.
Is there anyone else?