Certainly it does cover them but you may not even want to eat those bad foods once you really see some progress, especially wheat *cringe*. Most of us are believers in fixing the biological problems that cause us to gain weight and be overly hungry in the first place. I think that once you get going you will find that the fat melts off effortlessly and without all of the stress and hunger of traditional "diets".
I used to be absolutely ravenous when I was doing the low fat, low calorie thing. I wasn't fat but I thought it was healthy for some silly reason. Now I enjoy my meals and never have cravings for any bad foods save for a sweet craving every now and then. But that's what fruit is for. There are some pretty good replacements for bad foods in the recipes section and you may love the food so much that you will not want to cheat, or maybe you will and I don't think that it will be too bad occasionally. I'm not being hyperbolic when I say that grains and sugar can be as difficult as drugs to quit, in fact they are drugs in every sense of the word.
Long-term? Likely viable. In the short term you can turn your body into a fat-burning machine and become very healthy. Do stick around, comment and question. We will help you make it work. Perhaps start a journal in the journals section; if you do that you will be more aware of exactly what you're doing and you will get some pretty excellent advice from the seasoned members.
Stabbing conventional wisdom in its face.
Anyone who wants to talk nutrition should PM me!