@BrickBack -I also heard that Pilates is great for strengthening the obliques because it works on your core muscles which are mainly in your midsection. I also think that you have to change your diet too if you want to get rid of your love handles because it does not matter what exercise you do if you still eat a lot of junk food.
Your body will still store the excess fat and you will continue to have the love handles. Oblique exercises are important, but proper nutrition is equally important in order to shed those love handles.
I know all about this because I learned the hard way and it took me a long time to realize that I had to change my eating habits too, not just add more exercise to my lifestyle.