I'm 6 foot 2 and currently at 299. I've been at 299 for the past three weeks, almost infuriatingly. My diet has been awesome and I spend at least an hour, more like 2 a day on the bike. This past week I had two long days on the bike, a excruciating hour on the spin bike, and averaged around 1500 calories of intake. Got on the scale today?
299
I'm about to throw away the scale as my waist size is down over 26 inches from where I started, I feel great, and I look great. I know that's no the lowest I can get but then again I was a 570 pound man for a dozen years. Maybe it is the lowest I can get, who knows!
What I do know is these things suck, especially when you have a point in your head you want to get to. I desperately want to get to 249 pounds, but it might not currently be in the cards.
So in other words - I feel your pain. Remember if you aren't going up, that's really what matters.