Body Hairs and Cycling?
Your options for temporary hair removal are:


Razor Blade: Pros - cheap, easy to do for most areas. Cons - you won't stay smooth for long, regrowth is stubbly, you can cut yourself.
Electric Razor: Pros - very cheap, very easy to do for most areas. Cons - you won't stay smooth for long, regrowth is stubbly.
Depilatory Cream: Pros - fairly cheap, fairly easy to do for most areas, reasonable results, stays smooth for a reasonable length of time. Cons - smells,  potential for chemical burns if you get it wrong.
Waxing: Pros - good results, stays smooth for a long time (probably a few weeks). Cons - can be painful, difficult to do yourself, expensive (and possibly embarrassing) to get it done professionally.
Epilator: Pros - very cheap, easy to do for most areas, good results, stays smooth for a long time. Cons - hurts like hell.