I previously studied waxing.
The research I have done on comparing Waxing cheese & vacuum packing cheese, tells me there are no benefits to waxing, other than you can make them look pretty.
Waxing Cheese was very important, before we had personal vacuum packing machines.
Both methods are to keep the cheese from getting moldy, by keeping moisture from forming between the cheese & it's cover.
Moisture appears on the surface of the cheese, no matter which method you use, if you cover the cheese too soon.
No moisture or mold appears to form there, if you wait until the right time to cover the cheese.
So the only major differences that I have found are:
With waxing, you can make your cheese look pretty.
With vacuum packing, you can see if it gets moisture or mold, and you can't see that inside of colored wax. It is also a lot easier & quicker than waxing (the way I like things).
I'm not saying there is anything wrong with waxing cheese, or waxing your legs, I just don't think I will do either.
Unless I find some proven reason to wax my cheese, I will continue to vacuum pack.
Bear