Hey dude... we're of similar stature... I'm 5'10" 195lbs @ 23% bf, also with a 34" waist, but that's where I where my pants... I actually take my waist measurements at it's FATTEST level with measuring tape... and it's around 40"!!! O.k., needless to say, we BOTH have a long way to go.
I don't know about your genetics bro, but I can tell you what works for me... a simple, well-balanced BFL/ISO type combined with 20 minutes of AM-empty stomach cardio almost every morning, and 4-5 days of intense afternoon lifting each week. That and NO LATE-NIGHT PARTYING and no drinking. I might throw in a free meal/day at max once/week if I really feel I need it.
As far as supps go, again KISS:
multivitamin
whey protein
a mild themogenic: Xenadrine, Betalean, NYC, ECA... all work about the same for me
This type of program allows me to lose about 1-2lbs/week of fat, maintain all (maybe gain a little) muscle, and most importantly maintain a normal, productive life. IMHO, this last part is of paramount importance for one looking to be consistent with a diet/program for the long run.
This probably isn't the revolutionary program you were looking for, but this is just what works best for me. What ever you do bro, DO SOMETHING... and keep doing it/changing it until it works! Good luck.