It's done wonders for my well-being - anecdotally, of course.
It turns out we don't actually need to never be hungry; our society just pushes us to assume that even the tiniest pang of hunger is a negative health issue that is to be instantly eradicated. It's actually fine as long as you're not skinny or otherwise malnourished.
It's ok to fast, and to hear your body demanding sustenance and just say "no, maybe tomorrow" - doubly so if you're 10kg+ overweight like I have been (in my case, 20-40kg) my entire adult life.