Resolved Question: I've decided to start an extreme weight loss program...how does my plan sound?

I'm 6'3", around 235 (I'll know for sure tomorrow at the gym). I'm not stuck on numbers, but I'm guessing I'll need to lose at least 75 lbs before I'm satisfied. My main goals are to lose my broad shoulders and chest. I know that some guys with they were bigger, but that means nothing to me. I really don't care what other people find attractive, and I'm not interested in any of the women who want some big strong man to protect them.

As my pic will demonstrate, I have a very long way to go. As far as diet is concerned, my plan is to stick to low-carb, low-fat, and not to eat until one hour after my stomach starts to rumble. I find a lot of times I eat just as an excuse - because I'm bored or because it's a certain time of day or because I feel like it - and I'm interested to see how much I would eat per day if I only ate when I was really, truly hungry.

I don't have some strict timeline to lose this much weight...I'm presuming it will take me till summer to lose it all. As for exercise, I'm going to stick to only cardio. I'm asking for new running shoes for Christmas since the cheap ones I bought give me blisters if I run too much, so until then, it will be 20 min on the treadmill, 20 on the Stairmaster, and 20 on the elliptical, seven days a week.

http://i385.photobucket.com/albums/oo296/curseofdolkite/atfalls.jpg

Oh, postscript: do NOT post ads for Acai berry, Wu-Yi tea, or any other fad diet or magic cure. This site is rife with you people and trust me, whatever solution I end up going with is not going to include investing in some dumb miracle cure. I have worked in the corporate offices of an Herbalife-style fad diet company, so I'm well aware of how they prey on insecure and desperate people. Thanks.
Simeon - Thanks...while I did warn people against posting links, I do check out each one to make sure I don't report anyone simply for directing me to diet info.

Mitch - Thanks...however, I don't want to look muscular...that's why I chose to lose so much weight.
Just in case anyone says this....I tried personal trainers. i'm in no position to hire one anyway (and I don't need one), but they just told me I was crazy to want to lose so much weight and to "take advantage" of my size....in other words, they misunderstood me. I know I'm not obese (moderately overweight at best), but I want to appear smaller. My problem is not my stomach, but my upper body...broad shoulders and chest.
Okay, maybe "extreme weight loss" was a bad term to use. I'm not saying "I need to lose seven pounds a week" or "I need to lose 40 lbs by New Year's" or anything like that. I meant "extreme" as in "losing a lot of weight", not "losing a lot of weight in an unrealistic time span."
PLEASE read my full question. I don't think I'm hugely obese. As nice as it is for people to say, I don't care if others think it's great for a guy to have broad shoulders and a big chest....I hate it and that's why I want to lose an inordinate amount of weight.
I'm aware of the effect of multiple meals on metabolism, and if I were simply trying to get in shape, that's what I would be doing. However, my goal is to get as thin as I can, not to build muscle or simply get in shape.