Wow. It turns out that someone does make beards in Second Life. Yes, ZZ Top could come and perform here. :)
I went to Alli & Ali Designs and there they were, and searching on Xstreet shows that there are other beard makers as well.
I remember seeing a photo of a poster of a bearded lady as a child... I wonder if those beards are tintable?
UPDATE: Yes, they are!
Hmmm... I think I'd better raise it a bit.
UPDATE: The photo is on flickr, too. Gee, 0 views after nearly a day. Maybe that should tell me something. :)