In general I love hair. I don't shave anything except parts of my face. I keep sideburns and a goatee. If I could possibly grow a huge ZZ Top beard, I would, but I just can't (although my father has a very full beard, lucky bastard).
As for women, the only thing I think is relatively mandatory is armpit hair. Leg hair I can deal with (although like many Asian women, my current girlfriend naturally doesn't grow it) and I strongly prefer an unshaved bush.