Well, yes. Don't underestimate the value of weight-training in this equation, though. The best way to burn fat is to build muscle. Addtionally, muscle is what enhances overall figure, is shaplier.

I guess I worry a little when the word "toned" is used, because so often it comes along with the mistaken idea that weight-training will make you too big. You can only get as big as you have testosterone for - so most women are not going to get huge simply from lifting.

I would add one more factor to the equation you asked about, that would be diet. Getting the look you want, however you choose to describe it (toned, muscular, shapely, feminine/masculine...) is 10% exercise (cardio and weights) and 90% nutrition. I tend to think that most of my training occurs in the kitchen.

Cardio is great for weight loss, but you can only get those great muscles through weight training. I am a naturally small girl, so I have to really work hard at maintaining my muscle mass. You also want to make sure you are eating enough protein to "feed" the muscle. I eat every three hours.

another thought to a toned look where you arent bulking is stretching. along with everything else these people above me wrote... try yoga or pilates...or even just a good stretch after each workout. by making the muscles longer you are keeping away from that bulky look you are talking about and still able to be pure muscle. just do lighter weight and more reps with weight lifting to keep a toned look but while continuing your resistance training.