Ahhh, that's precisely the myth he's busting here.
Firstly, the body doesn't discriminate against the release of fat as the "Fat Burning Zone" theory posits, i.e. "Moderate aerobic training
better coaxes fat reserves into utilized energy." Like most theories it's founded on sound reasoning, but said reasoning is flawed.
This is a very good post Legolas, though destined to be wrought with controversy. I briefly address this very topic, and approach it mathematically (via formula), along with an easy to understand graphic illustration that measures & compares both 'total calories burned' and 'fat calories burned' by the respective methods namely, moderate and high intensity training in "Total Fitness and the Female Body"...
http://www.steroid.com/women_and_steroids.php
Scroll down and click on section #4:
IV. AEROBIC/CARDIOVASCULAR EXERCISE.
Nice points FireGuy.