I would have to disagree, on the basis of a study i read about in this month's MD. It basically states that although people think low intensity longer exercise does burn fat, but not to the extreme that intense exercise does. "That is by exercising intensly, because during a 24-hour period you use more fat for fuel and increase calorie use more after exercise. Also you matabolize more calories during the exercise itself. The total daily energy use is more imprtant for fat loss than the kinds of fueld used during exercise. Studies from Laval University in Canada showed that people who train intensly had more muslce and less fat than those who exercised at lower intensities." (Muscular Development Feb 2005 pg 87).
I mean if you think about track athletes, it kinda makes sense. Sprinters, have the most lean and lowest bf%, while distance runners have a higher percentage.