It really depends on the person, for my wife, she just calorie counts and can shed the pounds with little problem. I can't stand being constantly hungry and not eating until I'm full, and dealing with hunger in the morning until lunch is only a mild annoyance. For her, she needs regular food or she gets really hangry. Different strokes.
Funnily, I never ate breakfast until I met my wife, and because she's a breakfast nazi ("Most important meal of the day!!!"), I started eating breakfast, and struggled with weight over the years since then. I never had weight issues before that. So I'm dropping breakfast (except on the weekends, as it's a group thing for us to have a big breakfast, but then I skip lunch) and we'll see how it goes :)
The first week or so was rough, but yesterday I ate oatmeal for lunch (with walnuts and blueberries and slice banana) and then had a Factor meal (very tasty, not a shill!) that had lower calories than my usual dinner, and I was totally satisfied. That was like 1/2 the calories of a normal day previously and I had no hunger - so weird and awesome!