There are cheaper IPL options with a bigger treatment area (http://www.amazon.com/Veet-InfiniSilk-Light-Based-Removal-System/dp/B00JY9CT2U/)
I've gotten exactly that to do well on my body hair pre-hrt. But on the highest setting, I'm getting no detectible effect on face hair. The problem is that testosterone-induced facial hair has relatively deeper hair follicles and is more closely space and so needs to be more precise on wavelength, more powerful, or both.