Earlier quoted context omitted.
Based on this observation I posed this question on /r/AskMen some time ago. "Would you be castrated to live 15 years longer?" - overwhelmingly the answer was no.
If I could have fake balls like, they let me keep my ballsack and I get a couple marbles in there, I’d take that deal.
But it may reverse baldness? My guess is it may stop the progression but not reverse it, not regrow lost hair.