Depends on which one we are talking about. There are many healthy ones and for breakfast it's excellent. You can eat it with a mashed apple and cinnamon or fresh berries. As always it's good to have a mixed diet. Bad carbs and simple sugars should be avoided. Most low G.I., processed or refined carbohydrates are referred to as "Bad Carbs" . The type of cereal that can assist with weight loss would be low G.I. cereals, (takes longer for the body to digest - hence a fuller for longer feeling), a common example of this would be oat cereals, whole grain cereals,etc.
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There are several free weight loss programs that are available to try. You could try the Atkins Diet, and the South Beach weight loss diet, both are good.
There are weight loss directories you can look in like GrownUpCamps.com. Hilton Head Health and Green Mountain are good examples of adult camps that have good programs for adult weight loss. http://www.ehow.com/how_4666766_choose-adult-weight-loss-camp.html
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A good weight loss program in Australia is Herbalife. Herbalife is a weight loss shake program. You drink two shakes a day then eat a healthy dinner. They also have a meal planner.
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LA weight loss is a good gym to get membership from. There are reviews about other people who had published on the internet that stated that the LA weight loss do help them.
Weight Watchers offers a great subscription magazine about weight loss. They offer six issues a year.