Since I've got a higher hairline (not necessarily receding, I just have a high/broad forehead with a widow's peak), I've cut my long hair into a buzz cut in the middle of the summer, and more recently have had it cut into a long crew cut, styled like Daniel Craig for example. I think it looks good.
Igor de LStok wrote:I get my hair cut by a local hairdresser who is cutting my hair to get the same style as O'Connor from The Mummy (Brendan Fraser)...

... which is entailing an 'undercut' to let the hair fall the right way. Just had my second cut and it's pretty close to what I want now. I may never have his money or his ab's but I can probably fudge the hairstyle!
Igor
I've been sporting that look since much of last year, although I cut it short lately. The thing with that hairstyle, is that it hides a widow's peak well. I think I looked decent with the style, but since I change my hairstyle every year or so for no apparent reason (I often sported a pompadour two years ago, and again earlier this year for instance), I wanted to try something else.