So first of all, let me explain that with a Playboy bikini wax, they wax the entire pubic region. It's not like a Brazilian bikini wax where they leave a "landing strip," or a little hair on the pubis.  With a Playboy bikini wax, they wax EVERYTHING.  

Most people think the Playboy bikini wax would be extremely painful, but it really wasn't that bad (that is, until she pulled out the tweezers to clean up the straggling hairs... that definitely hurt but it was at least quick).  I teared up a bit but was generally fine. 

The most painful part of my full leg and bikini waxing experience was when she did my ankles, my shins, and the backs of my knees.  Ouch!  My waxer warned me that those areas usually hurt, so I was able to brace myself and tolerate it.  But geez, you would think of everything I had waxed that day that the lower legs would be the least of my worries.

One note: I have a relatively high pain threshold, but people, if you don't think waxing hurts, believe it.  You need to be ready for it.  Psych yourself up for the pain, or you'll end up either in tears or freaking out on your waxer.  My waxer said that she has been called every name in the book by clients who aren't mentally prepared to go through the pain of waxing (and the clean-up tweezing afterward).

A few things I learned from the experience:

1) Natural blondes (like me) typically have finer hair, but there is more of it per square inch than with a brunette.  So, when they rip out the hair on your legs and elsewhere, there are a lot more hair follicles effected.

2) You may bleed a little when you're getting a large volume of hair ripped out.  It surprised me at first, but it makes sense.

3) People with sensitive skin shouldn't wax, at least not large areas.  Sure, I had smooth legs and more for about a week and a half, but I was covered in red spots for most of the time because my hair follicles were angry.  My skin was also sensitive to the touch for a few days.

4) If you're prone to ingrown hair, it gets worse when the hair grows back after waxing.  My fine hair had a difficult time sprouting through my skin when it grew back, so I had about two weeks of bumpy, red ingrown hair to deal with as the results faded.

5) It pays to have a fast, experienced waxer.  I think one of the reasons I was able to get through the waxing experience with less pain than I anticipated was because the aesthetician who did the waxing was a pro.  She was not only professional in the sense that she made me feel comfortable even when she was tweezing my lady parts (awkward!), but she was very fast and thorough.  She took the time to make sure she didn't leave stray hairs, but completed the whole wax in about 30 minutes.

Overall, it wasn't worth it for me.  Although I was somewhat pleased with the results, when I consider the unpleasant after-effects (redness, itching, sensitivity, ingrown hair), which I imagine are all largely due to my sensitive skin and fine hair, I don't think my waxing experience was worth the expense.  And no, I haven't had it done since, except for my eyebrows, which is totally different than having your legs, etc. done.

My waxer and the spa I went to were great, though, and I would recommend them to anyone.