Yes, if I'm willing to have a multi-part series on the value of a good poop-scoop, then it's probably no surprise that I have no shame in addressing the value of good underwear too.
If you haven't been victimized by chaffing, you're really missing out on a wonderful experience of pain tolerance. Chaffing, specifically thigh-on-thigh chaffing is a very unpleasant experience. In fact, it can ruin a hike. Despite being armed with Hydropel and wearing ExOfficio boxer briefs which I thought were sufficient, a couple summers ago I got the pleasure of feeling what I described as being bit in the crotch by a rabid Rottweiler which took a couple weeks to heal. Simply, it hurt to walk and there was really no good way to deal with it other than by being patient and sitting quite patiently in an exposed and vulnerable position.
In the end, for my situation anyway, the most help I could gain to ensure it didn't happen again was to be more selective with my underwear choices. For this reason, I'm going to propose three solutions. First, as mentioned by Ray Jardine and others, simple spandex or polyester "biking" shorts can do double duty as both shorts and underwear. If you can find some treated with silver, you'll gain better anti-microbial properties. Second, as I mentioned in another blog, I've also had some luck wearing very wispy shorts with interior netting for support. The ventilation helps tremendously and as long as you can keep the fabric from bunching up it might just be a good option for you. That leads me to my third point, proper fitting underwear.
As I mentioned, in the past I used ExOfficio snug-fitting boxer briefs which are pretty common in hiking and traveling circles. For me, they simply didn't work well enough for me to keep using them. I then moved on to a pair of Under Armor boxer briefs which were far more robust, more snug fitting, and did their job better. The problem is they run $20-$30 per pair. Simply - this is ridiculous.
Butt Paste, zinc, and other baby-related creams go a long way too, but that's for another discussion. I even know of one hiker who dabs alcohol from cotton swabs onto the irritated area. He claims it hurts tremendously, but quickly makes all the pain go away.
Happy trails.