I think intermittent fasting improves lifespan. It is a form of calorie restriction. People I know even do water diets to repair bones - but that may be a bit extreme.
However, this is probably not good for children. Their bodies need to grow. What we really need is to feed them healthy food instead of the processed crap found now in many stores. The explosion of sugars and HFCS in everything probably contributes to the diabetes / weight problems for kids today.