No diet, alone, is successful at long term weight loss (for 98% of people, anyway). That's why we're all getting/have gotten bands. I think we need to keep this in mind as we bicker about low carb.
Atkins-based induction led me to lose 15 lbs in 2 weeks in May. After 2 weeks, I started to eat in more moderation and took off an additional 5 pounds. Now I'm kick-starting myself with another 2 weeks because I found myself starting down the fast-food, ice cream road again and though I hadn't gained any yet, we all know that was just around the corner. Since I want to make some real changes in how I look at food before I get the band so as not to go through the process only to fail, I'm trying to find this elusive land of moderation and low-carb is helping me do that. That's me-- it won't work for everyone. I just hate all of the tearing down that goes on about what the right diet is when there is no one right way of eating.
Funny aside-- when I tell people I'm doing low-carb, I get lectures about how unhealthy that is (seriously, I have). But when I tell people I'm doing "no sugar, no starch", they pat me on the back for my healthy decisions.