The idea of a low carb Krispy Kreme reminds me of an old Russian joke. A peasant woman in the 19th century has somehow managed to get her hands on a piece of egg bread (she and her husband have only eaten coarse rye bread before). She brings a little bit home to her husband, who says to her, "Why can't you make bread like this? It's delicious."
The woman says,"Because we can't afford white flour."
The husband says, "Then make it without white flour."
The woman says,"And we can't afford sugar."
The husband says, "Then make it without sugar."
The woman says, "And we can't afford eggs."
'"So," says the husband, "make it without eggs."
"And we can't afford the cream, either," says the woman.
"So make it without cream," says the husband.
The woman goes off to make egg bread without the white flour, sugar, eggs, or cream. She whips up a loaf and gives a piece of her husband.
"Gosh", says the husband, "this is awful...I have no idea why rich people LIKE the stuff."