having just been there last week, I can confirm that there is no breakfast in the lounge, only in the main restaurant. In fact there was not even a buffet spread during cocktail hours, they just bring you small plates of canapes.
I was much more impressed by the lounge of the hyatt, as well as the corner suites. Pool and view are nicer at the IC, but imo for the same price, the hyatt is much nicer.