Waxing is a good solution...for the first time. But if you want to continue to wax, you'll (or your waxer-lady) will need some re-growth to attach to. So, if you'd like to start with a good and thorough waxing, it's a nice start.

When you're ready to start shaving it, though, here's what I do: I dry shave. I use lots and lots of baby powder and stand in front of the bathroom mirror with my foot up on the sink and a towel draped over the sink and laid on the floor. I use a brand new razor every time (without fail) and go at it. No water necessary. Your skin will be nice and soft afterwards. I do get razor bumps but that usually only lasts about a day and you'll have to keep it up about every other day...maybe every two days if your hair grows slowly or if a little stubble isn't a big deal.

Good luck.