I'm not a huge fan of too much dieting either, I've always been a hardgainer, and I feel like I'm losing too much muscle when I diet. I'm trying to lose some fat now for the summer, and the only changes I've made to my diet are removing soda and snacks. I still have the occasional junk food meal, still keep above 2000 calories, but I do more cardio. I'm mainly doing HIIT cardio and trying to do more sports, and so far I'm losing about 1lb a week, which is nice and steady for me.
I think if you can maintain your strength in the gym, whilst still losing weight, then it doesn't matter too much whether you've done it through diet or cardio.