I have been doing it for about the past 8 years. It's a hell of a lot better than watching your hair fizzle away.
I never had a problem getting women with a shaved head. I'm sure that it limits your prospects to some extent, but by no means does it eliminate them.
I know you're going to tell me I'm crazy, but check out
http://www.toplace.com .
I have gotten to the point where I am ready for a change, so I am transitioning into a hairpiece. The quality of them today is of such that they are virtually indistinguishable from your own real, growing hair. Ever see Sean Connery in a movie with more hair than he had in his LAST movie? Now you know how they did it. Brendan Fasier, Ben Afflec, and John Travolta all wear high quality hairpieces.
Don't rule it out until you check out the site, the pics, and read some of the messages on the message board over there.
I should have mine in a couple of weeks and I will certainly post a review.