yes, considering that diabetes is a condition where our bodies can no longer handle carbs properly, limiting carbs is a logical approach.
Many people are having success. Including me. I have been eating low carb for about 10 years now, and can get normal blood sugar levels (hba1c of close to 5) though I do still require insulin (I am not T2).
Dr. Richard Bernstein wrote a whole book on this called "diabetes solutions". Or you can also look him up at Bernstein Diabetes University on Utube.
If you are following this approach you eat adequate protein, probably in the range of 1 - 2 g/ kg of bodyweight (that is g of protein, not g of protein containing foods), about 25 - 30 g of carbs which should come mostly from non-starchy veges, and then enough fat to make up your energy requirements. This is a low carb diet, but not necessarily a high fat diet.
Hope this helps you. Please let us know how you go!
I'm T2 and also endorse Dr. Richard Bernstein's approach as described in his book "Diabetes Solutions." Super sally888's summary below is good. If you're checking your glucose daily remember that people who are not diabetic have glucose between 70-85. This is "normal" blood sugar. There's no reason why diabetics can't strive to reach this. Note that this is probably a lot lower than most doctors recommend.
Remember to exercise - This helps me to keep my blood sugar in control.
Good luck! Hope this helps.