I'm not exactly proud of it, but I have had both breast implants and liposuction. I had liposuction first, when I was in college (August 1999, IIRC). That was my first surgery of any kind, and it was kind of traumatic for me. I can't say I wouldn't do it again, but that was also a very rough period in my life emotionally when I had extremely low self-esteem. Also, I was not as devoted to working out at that time, although I did some advanced Tae-Bo tapes pretty often.
Anyway, I think I had seven small "insertion points" of the tube (forgot the technical terms). Three around the lower abdomen and the rest in various places along my torso and back. I was mostly interested in getting rid of my flabby belly and "bat wings," as my surgeon called them (the fat folds around/under the bra). My memory of the surgery is groggy, but I think it took over two hours while I was under general anesthesia, and the doctor said he removed 2 liters of fat (?!?!?). As for cost, I think it was somewhere around $3,000, but I'm very unsure about that. The recovery was okay, but it felt like it took forever to feel normal again. I had to wear a compression garment around my torso for weeks, and I remember feeling very disappointed when I took it off for the first time. My doctor said I would have swelling for a long time and should expect to see gradual improvement over the following months. When I finally could get rid of the compression garment forever, I still wanted to wear a girdle under my clothes because I was so self-conscious about the belly I still had (and the waistline "muffin top," as I've heard people call it).
I never felt like I achieved the results I wanted until at least a year or two later, after I became more devoted to working out, eating better, and to be honest, improving my own damaged self-perception. I still had another surgery in May 2002 (breast implants), but I felt much better about that one both before and after the surgery. It may have been because I felt my "need" for liposuction was caused by something disgusting and awful about myself, where as breast size is only determined by genetics.
Sorry for my lack of very specific details about the liposuction recovery. It really varies greatly based on what area and how extensive your liposuction would be. If it's just going to be taking a little from the inner thigh area, I bet it would be a piece of cake (ha ha). So, I don't have a strong recommendation one way or the other, but the most important lesson I learned was that I shouldn't have expected a miracle. I was trying to get rid of a lifetime of bad eating habits, mediocre exercise, and a slew of personal problems all in one surgery, which CANNOT be done.