Get it done, i had mine done when i was 30, for simple reason tha my skin was too tight lol.
And yes it hurts like a biatch, and morning glory. feck me i have never been in so much agony. It does get better when the stitches fall out and then you just have to get used to the sensitivity.
But in the long run, it is alot better, and not to mention alot more hygenic :D