Thanks for the replies! I didn't think I would find someone in the same situation/using a very similar approach to myself.
I agree you have to think about goals and what you want out of it. Personally, I find it fine controlling my BS levels on VLCHF keto diet. If I stick to it. I am finding it easier to stick to it or deviate only slightly and maintain good BS levels on the IF 16-8 approach. So far....
However I think the muscle mass point has to be understood in the context of how those people approached the diet. If you go in cal deficit with any diet and do not train muscle then you will lose muscle mass, especially if protein is not at a sufficient level to stop protein use as fuel. This is especially true when you lose weight quite quickly. I hear of a lot of people not combining exercise with IF and I also think it attracts the sort of dieter that doesn't want to exercise and/or doesn't have time. It is a benefit of the diet, it is simple, the main rules are easy to follow and revolve more simply around timing.
As someone who lifts weights and used to do so very seriously prior to a bad shoulder problem and op, this was one of the reasons for a while I did not consider IF as an option for me (and the whole T1D thing!). However I recently read about several people and lines of evidence that if proper training is adhered to, muscle mass can be preserved or even increased.
For example, see:
http://jamesclear.com/intermittent-fasting-lessons-learned
http://www.ncbi.nlm.nih.gov/pubmed/27550719
http://greatist.com/fitness/why-you-should-exercise-on-an-empty-stomach
etc
So I would suggest that it is certainly possible to maintain, and even possible to increase muscle mass on such a diet. In the context of trying to lose body fat, I consider maintenance of muscle mass whilst dropping body fat a positive outcome and one to aim for. It seems to me this could be easily achieved based on what I have read. I must admit also, I have felt stronger on this diet, ironically.
The problem I have with the small meals are the potential effects on HGH and maximizing fat loss, mainly, so trying to stick to proper 16/8.
@amrita86 - every diabetic responds differently to exercise, and different forms. Also it depends how much adrenaline you produce and how you react to that. Often an increase BS from exercise can be associated with the adrenaline response. Then a bit of a crash later. This is why I take only 16-17iu of lantus//glargine on exercise days, as the exercise helps keep my BS in the 6-9mmol/l range.
As I have just recovered from a shoulder op I am back into weights. So currently 5x a week I will run 6k for 30min on the treadmill then do 25min of weights. This is split by Chest Monday, Back Tues, Legs Weds, Arms Thursday, Very light shoulder work + abdominal Friday. Weekends off. My levels don't go very high during exercise, although maybe come up a small amount, but then slowly reduce after potentially. I think also because I take lantus in the morning not at night (always have) and I exercise in the morning on either an empty stomach (with IF) or just 1 egg (if not IF), the lantus recent injection does help keep the levels from going up with exercise. I do not believe Lantus is flat and 24-hour - for me it definitely peaks.