I haven't shaved my legs in about a year (the running joke was that I only shaved my legs for weddings, LOL). My leg hair is really light, and I have noticed that it's gotten lighter.
DH sometimes makes jokes about it, but for the most part he's used to it. I tell him that I'll shave my legs when he shaves his.
My friends don't really comment on it, and so far no one in public has said anything to me. I wear skirts, cropped pants, swim suits, etc., and haven't gotten any weird looks or anything. I suppose if someone said something to me I'd probably make a snarky comment that my husband is fine with it, so I don't give a hoot what anyone else thinks.