I also have PCOS and I started going to a beautician for Variable Pulsed Light treatment (which is like Intense Pulsed Light (IPL) only they can change the light intensity to suit your skin and hair etc). I get it done every four weeks for $75, takes about 30 secs and doesn't hurt much after the first session! Even that's not so bad. I found I had REALLY good results after one treatment, but it takes 4-6 to get rid of all the hair and it is gone permanently. I would recommend this to anyone, despite the price it's worth it for your self esteem, makes me feel SO much better about myself.

Can be used on other bits of the body too, PM me for salon details if you're interested. I'm in Melbourne.