Does anyone here have experience with hair (beard) removal by Intense Pulsed Light (IPL)? Would you please share your experience?

How does IPL compare to laser and/or electrolisys?

The only place in my country that is offering "permanent hair removal", that I could find, is doing IPL, and they quoted me for 8-10 sessions @ US$150 each (with the legal minimum wage being about US$400 per month).

I am looking for testimonials and/or recomendations. Thank you.

Jessica