Alton Brown (Good Eats, FoodTV) cooked oatmeal tonight. His steel cut oats sounded very good, and different from the way I cook them. Of course your particular diet must allow butter and sugar, but it serves 4, so that's not much fat or sugar per serving.
1 tablespoon butter
1 cup steel cut oats
3 cups boiling water
1/2 cup whole milk
1/2 cup plus 1 tablespoon low-fat buttermilk
1 tablespoon brown sugar
1/4 teaspoon cinnamon
In a large saucepot, melt the butter and add the oats. Stir for 2 minutes to toast. Add the boiling water and reduce heat to a simmer. Keep at a low simmer for 25 minutes, without stirring.
Combine the milk and half of the buttermilk with the oatmeal. Stir gently to combine and cook for an additional 10 minutes. Spoon into a serving bowl and top with remaining buttermilk, brown sugar, and cinnamon.

And its a real Irish soda bread recipe- not an Americanized version with raisins, eggs, yeast, etc.