Das Chicken doesn't just get crazy MPG from a V6 accord with 'cardboards', it is mostly driving style. including, yes, coasting in neutral. It works, when you use it right.
As long as the engine is still running, it is.
Yes, you are consuming less fuel, right up until you need to get out of DFCO and back on the gas from all the drivetrain drag added while in gear and spinning the engine faster than idle. Most (modern..) auto transmission oil pumps are driven by the engine, if the engine is spinning, its lubricated. 'Flat towable' listed autos have a pump that spins when the transmission spins, and like manuals, can be put in neutral with the engine off without worry.
Just as a quick summary, as I have had this conversation many times already and am tired of it. If you want to slow down, such as approaching a stop sign or slow traffic, use DFCO as it will completely cut fuel and help you slow down. If you don't want to slow down and are going downhill, neutral is the more efficient choice as the extra speed you pick up will benefit you more than eliminating idle fuel consumption in exchange for the added drag of spinning the whole drivetrain.
If you are just cruising, a technique called pulse and glide is optimal. This is where you accelerate at the optimal BSFC zone for your engine, put it into neutral, optionally shut off engine, then wait till you are going too slow, reengage engine and accelerate again. When done properly, it can be good for DOUBLE the EPA highway rating. I did mild draft-assisted pulse and glide (with the engine on at all times) out in Montana and achieved 52 MPG for over 200 miles. That tank ended up being 46.0 MPG over 667 miles. That was with the V6 accord in my signature, not my previous V4 inline four accord.