personally, I have an issue with body hair in general. I'm a homosexual, of the bottom variety, and I feel that the masculine appearance of my hairy legs and chest makes me less attractive.
I know that those I associate with (read, friends with benefits) dont care a tinkers cuss, but It matters to me. I have begun the long and painfull process of tweezing and waxing every hair below my neckline. I guesstimate that it's going to take me a few months, because I can only withstand so much hair pulling before I have to pack my skin in ice, and sensetive areas still remain a problem.
But I got everything from my ankles down smooth and hairless a few days ago, and the boost to my self-esteem was tremendous.
The way I see it, one can either change the world, or change the way they look at it.
tl;dr : fags like me dont care either way.