Firstly I just want to say I'm receding, but far from NW7. Still, I'm in a bit of a malaise with women. My last long term relationship ended earlier this year, and all the females I've dated recently....suck. I think that it has a lot to do with seeing my own imperfections every morning; I've become acutely aware of others imperfections and especially females. The problem with a lot of posters on this board is that they become hyper-aware of their and other males imperfections, but still keep women on a pedestal. My balding has, for me, knocked women down like 5 notches. Maybe this has helped my dating, maybe it's hurt it...who can know.
Every time I meet a new girl I can notice within a week the horrible acne below her makeup, or her thin hair, or her utter lack of intelligence, or her facial imperfections, or her massive student loans, or her horrible way with money (most women in their late 20s are like this). Mostly, when dating girls my age, I can also notice their looks fading. Don't get me wrong, there are some bosses out there, and I'm not even talking about looks.
So in conclusion, I wouldn't say "balding" has ruined my dating life, but it has ruined my fantasy about what women are or can bring to your life.