I am already an epilator user, so my focus would be mainly on the specific Panasonic epilator and not on epilators as a whole.
I was quite impressed that it can be used as a "foam" epilator which is a new concept to me. At first I thought it was just a 'gimmick' but it did leave my skin smoother and softer afterwards! I sometimes experience ingrown hairs and the moisturising effect of the foam epilation does seem to help prevent this.

PROS
-The epilator is a bit less noisy than some of the other brands
-The fact that it is cordless and can be used with shower gel, makes it extremely convenient!
-When using it with shower gel, epilating is faster. It almost takes the same time as shaving, but with smooth legs that last for at least a week.
-The battery lasts quite a long time.
-It is perfect for taking with you on holiday (not noisy, cordless, can be used with showergel)
-Foam epilation is definitely LESS painful than dry epilation.
-Very easy to clean under running water

CONS
-You cannot use this epilator for your under arms or bikini area, so it is not suitable for sensitive areas (which is quite a pity, as I would imagine it could work great!)

I would definitely recommend this epilator, especially if you are a newbie to epilators, as this was less painful to use with my shower gel and faster too.