I'm usually shaved below and trimmed above. I shave the balls and shaft, but trim the pubes so I don't look pre-pubescent.
(That can be a problem for those of us who are "growers")
Anyway, that's "shaved" to me, and if a woman says she is shaved, I expect everything hair-free except maybe a "landing strip" or similar. Actually, as long as the area is trimmed, that usually adds to my happiness.
In the 1990s, before I got into the lifestyle, I was pretty active in the masters swim scene. I shaved EVERYTHING except my head, eyebrows, armpits, and a few pubes, for some national and international masters swim meets I participated in. Shaving might not have made me swim faster (although I DID swim my fastest times at those events) but I was slippery as an eel. The effect was eerie. And sex was...fantastic!
Add a little bit of massage oil and sex was...REALLY fantastic!
Anyway, I still shave the "naughty bits" at this point, but an overall shave like the "old days" (15 years ago) would require...oh...maybe a can of good sensitive-skin shaving cream, some excellent razors, and some promises that I think would be very difficult to keep.
Prove me wrong?
Thrax