I went and signed up at Bally's and had my body fat measured. I am 5'4, 194 lbs and Body Fat is 33.4.......................What is a good way to get it down fairly quick? WHat is a good Body Fat#? HELP

Don't be discouraged. 33.4% body fat isn't all that bad. I started out at 35.2% body fat. Now getting it down quick I don't think is possible. This is a gradual process and its long. The best thing of course to do is eat healthy and exercise regularly. Weight training will really help with keeping your lean mass up and decreasing your body fat. But you need cardio to lose the fat. A healthy percentage of body fat is between 18.1-23.0%. Since I've started my weight loss journey my body fat percentage has gone down from 35.2% to 30.5% and my lean mass has gone from 64.8% to 69.5%. Its taken me about 7 months to do this but I know there are people on this site who have probably done it in half that time.

What I do is cardio for about 45-60 minutes 5 days a week and weights for 30-45 minutes 2 to 3 days a week. Lots of protein and a decrease in sugar and carbs will help the process. I hope this helps, good luck. Bringing down your body fat is very possible, so don't be too worried with the starting number just tell yourself that you will bring it down.

Definitely, cardio helps burn fat and also switched up your diet. I'm not a doctor, but that's the general consensus, I think. Eat well and exercise. Also, I'd do some strength training periodically to make sure you don't lose muscle along with the fat.
Again, I'm no expert, but everything you read says about the same thing.
Just do a search on body fat percentage and you'll find the charts. Also, make sure not to confuse BMI with BF% - that can do you in sometimes and make you super confused.