How much weight training are you doing? It's amazing what a difference lifting will do to tighten up our bodies once we lose the fat. Not that you don't look great, because you do, but lifting would probably help you a lot toward seeing in the mirror what you'd hoped to see, you know? A book that's recommended around here a lot is The New Rules Of Lifting For Women. It's worth a look; the program in that book is pretty good.

I'm 5' 5", 1 inch taller than you. Summer of 2007, I got down to 161, and I didn't look as good as you do in those pictures. Bodies change over time in lots of ways.

I think at the weight you are now, you'd see some really great change if you added some muscle-developing to your exercise regimen. Right now you don't have a lot of excess fat, and lifting and tightening what you do have will make a huge difference.

Edit: Whoops! That's basically what thistoo said, sorry!

I looked pretty much the same as your pics when I was 165lbs, my highest weight. 10lbs down to 150lbs made a difference of one pant size, and then every 5lb was one pant size after that. You'll notice it really fast soon!

Thank you for being so brave as to post those pictures. Keep up the great work! 125 pounds! that is truly amazing. You are an inspiration.

I think you'll notice a change if you do like the previous nice people said and weight trained a little. I'm in about the same stage as you, I noticed that when I was working out with weights a few years ago, everything looked just a little better. Although haven't done in a few years and have to start it up cause I lost all that tone and gotten really flabby :(.

but yeah, hope is not lost. We're cheering you on!

By the way, noticed the little running icon. Have you gotten into jogging/running? Do you have any advice on starting and not feeling like you're going to die from lack of oxygen?? Cause I can't seem to get the hang of it.

Everyone's body is different. I just joined this forum but I've already noticed that there is an obsession with weight here. There is so much more to it than weight. You also have to think about height, body type, bone structure, bone density and musculature. A number for weight can look incredibly different from person to person, even when they are a similar height.

Your stats say that you are 5'4". You do look like you are about 160 lbs to me. I definitely wouldn't imagine a 5'4" woman looking like you do at 200 lbs, unless they were very very muscular. Those last 20-40 lbs... is what shapes & sculpts your body to it's final form. If you lose 20 more lbs, especially if you do a lot of strength training, the results will be even more dramatic. On a very obese person 20 lbs is almost nothing, but on someone who is 160 lbs, it's a LOT.

You look FREAKING AMAZING!
AMAZING! I am 5 ft 7 and 165 lbs and have a flabby tummy and a huge muffin top. YOU on the other hand have a cute midsection, an amazing curve to your waist, proportional top to bottom...JEALOUS but happy for you.
Maybe part of what you are experiencing is the reality vs the "fantasy you" that exists in your head as it does in ALL our heads especially at the beginning of the program? I dunno -- you look great. Keep at it. Hit the weights if you feel the need to tone up, wait a year for things to tighten up, and every day look at yourself JUST LOOK and find one thing to admire. It isn't like you'll be struggling to find something nice!
Seriously, you look great and some adjustment period is required. You aren't alone in that, for sure!!!

Wow you look wonderful! Such a huge weight loss with no extra skin, that's admirable, I hope to look as good as you. Very lucky.

However! I know what you mean about not being satisfied or feeling fat still. I once lost a lot of weight, thought I was still fat and then gave up, resulting in how I look today. My advice is please try to enjoy and see the good in how you look :)