Long answer?
Sure.
The term fundamentalist has two definitions. The first refers to Protestants who rejected the Social Gospel and subscribed to the "fundamentals" of Protestantism. The second is what Useful Idiot was talking about; Protestants who continue to emphasize separation after the rise of evangelicalism (KJV Baptists, Bible Presbyterians etc.)
The second definition is almost mutually exclusive with evangelicalism. The first isn't quite so bad, but with the rise the emerging churches and some established evangelicals abandoning orthodoxy, the first definition doesn't mean evangelical either.