Not to bring everyone down but I've been shaved since 1994 after my first operation to remove tumors from my scrotum. I like it so much after the operation I have kept it shorn since.
I feel it is more sensitive for the woman. The orgasm is stronger. Personally I don't mind if there is hair on the mons...it's around the labia and clit that I find is the most sensitive and sstronger orgasm.