Now I'm starting to feel like an Atkins Zeolot, I've been defending low-carb on HN so much lately, but I can't let a statement like that sit on itself! There's tons of scientific evidence for Atkins and everybody I talked to that investigated it, agrees.
Furthermore "eating less" will not work, if you're eating mostly carbs. There's a high probability your body will just go into starvation mode. Meaning you'll store about the same amount of fat, while there's less energy to be spend for your body, making you sleepy and lightheaded. Graphing your weight won't change anything about that.