I guess this (modifying the size of the labia) could be part of the same procedure, but I've always associated vaginal rejuvenation with returning elasticity/tightness to the actual vagina (internal) - usually in women who have had kids. I don't think you could actually look at a girl's vagina and know whether or not she's had vaginal rejuvenation. I think what you're talking about here is a plastic surgery called labiaplasty. But like I said, maybe it could be done as part of the same procedure. I :dunno:
Personally, I love large labia and clits. So I say keep the scissors away from your naughty bits, girls! :nanner: