Thanks to all who responded. I do know about trans fats. That's why I don't eat pork rinds! On the Atkins site, he says that 60% fat is ONLY during induction. He also says the following about cholesterol:

Exercise is also an important component as is cutting back on meats processed with nitrates, such as most bacon, sausage and cold cuts, and limiting intake of hard cheese.
I also saw on the site last night to eat lean cuts of meat but i can't find it at the moment. he does say that though in his book, Atkins for Life.