I'm pale with hairy arms/feet/knuckles/lower tummy/etc but luckily my hair isn't super dark and I don't have PCOS. I was made fun of in school and would only wear long sleeves and long pants for a while as a kid because of it. But the last few years in college I've discovered people in certain communities think it's really punk if you grow out your underarm hair (which I do in the Fall/Winter when it's not too hot) and I actually got some respect and empowerment from it. So I understand "owning it" but also the hassle that can be and just wanting to not worry about it.

My advice: join groupon, livingsocial, etc and wait for laser hair removal deals. I got a little bit done on my upper thigh/bikini line where it's really coarse and dark for dirt cheap but it ended up being kind of a shady place so I stopped after two (of six) visits. It'll take some waiting around and deliberation, but if you want long lasting results without forking over a huge chunk of change, it's the best solution I've come by so far. Plus, pale skin and dark hair is IDEAL for laser removal to get the best results. Still more expensive than shaving (in the short run), but it'll save you time, money, and stress in the future.

Personally I think I'd look weird with no arm hair at all, and I've grown to like my "hobbit feet." So maybe just getting a few places done will make the rest more endearing, haha.