Carbalose flour appears to be mostly vital wheat gluten, which is basically protein. Problem ingredients could be: wheat flour (a starch), soy, canola oil (not an optimum oil), egg white powderCarbalose™ flour (enzyme enriched wheat, vital wheat gluten, wheat fiber, high-protein patent wheat flour, soy fiber, canola oil, salt, emulsifiers, enzymes, ascorbic acid, calcium propionate), palm and palm-kernel oil, buttermilk powder, baking powder, egg white powder, lecithin, salt, natural flavors.
If you are ok with that, no reason not to give it a try. As with any of the alternate low-carb flours, you should be fine if used in moderation. Monitor for reactions (weight creep, racing pulse, constipation, bloating, low morning basal temp)
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