Didn't you guys see the Colbert interview with that anthropologist/archaelogist? she said we lost our body hair because we started sweating and our skin became moist enough so we didn't get too hot. If you look at any monkey's skin it's perfectly dry even in the tropics. It's not like they need that fur for the cold of the equatorial climate. :P
Also I bet there are several reasons, not just one.
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