I completely agree. Up until a few weeks ago I didn't do any cardio. Hell, last year when I was preparing for my competition I didn't do ANY cardio until 4 weeks before my show. Cardio for fat loss is over rated. Unfortunately because I've been forced to drop the intensity and volume of my workouts so I needed to find another way to burn cals and I've added a few days a week of cardio in. I don't mind it and I'm actually enjoying my runs outside a bit.
I think for those with cadiovascular problems its a must and I am changing my ways a bit and I'm starting to feel that everyone should do some for the cardiovascular benefit. However, I do NOT feel it is needed for fat loss and diet is the number one key factor for fat loss.