Fitness dudes, help me with a workout.

the biggest beef that people have with machines is that they restrict range of motion and take gravity out of the equation

...this, coincidentally, is also their strongest attribute

personally, i find it's best to get the bulk of one's workout from compound movements, but machine/iso work can be great for finishing the job....sort of akin to getting the bulk of one's cymbal tone from the OH tracks, but then pulling up the room mics for that little something extra that you can't get from the OH alone
 
The main problem with machines is that because almost all of them guide you along the entire range of motion, you're not getting anywhere near as comprehensive a workout because you don't have to use the surrounding muscles to stabilize the weights and hold the form, which is crucial. Cables aren't as bad because you still have to hold the form yourself, but free weights and barbells are always best!

As for those freeweight machines you mention Morgan, I've never heard of such a thing, but anything that guides you along a set track as you perform the exercise is to be avoided
 
I'm basically looking to shed the extra pounds, gain some mass, but most of all to get cut.

To burn some fat you HAVE to do cardio exercises.

Strength and muscle size work DOESN'T burn fat directly, because fat can't be released fast enough to create necessary energy. Your first source of energy is always ATP, then carbohydrates, then and only then after about 20 to 30 minutes of CONTINUOUS work fat starts to be released and converted to carbohydrates.
It burns fat indirectly though, because bigger muscles = higher base metabolism = you are not getting fat even if you eat many calories.

So get on some "orbitrek" style machine that makes you use your whole body for the fat burning and spend on it at least an hour a day and pop some L-Carnitine (it helps releasing fat for energy creation) and some thermogenic pills too if you are healthy enough (they will make you burn more calories per hour).

For muscle size do free weights while keeping a good movement form.

My typical workout for size and strength:
Day 1 Squats and overhead bar presses.
Day 2 Rest.
Day 3 Flat bench press and lying barbell extensions and/or close grip bench press and/or tricep pulldowns.
Day 4 Rest.
Day 5 Deadlifts, wide grip pulldowns, standing bicep curls or preacher bicep curls.
Day 6 Rest.
Day 7 Rest.

Notice that i am combining primary and secondary muscles (back and bicep for example) in 1 workout to have a longer and more complete rest and regeneration (nothing worse than overtraining - working the muscle again before it was fully regenerated after the previous workout).

The regeneration is the most important part of building your muscles.
When you are working out your muscles are actually destroyed a little bit, all growth happens when you are resting and your body pumps amino acids into your muscle tissue.

Invest in some high quality protein powder and start counting carbs, protein, fat.

Without counting it is really hard to know if you are eating enough building blocks to repair and strengthen your muscles for the next workout.