Hello; I have been pinching down the barbs on my hooks for a number of years now. I know that I lose a number of fish due to this. I also feel much more of a sense of accomplishment when I do land a fish on a barbless hook. I generally release the fish caught regardless and have seen most fish with very little injury with the barbless hooks. As stated by others, the barbless hook slides out without ripping flesh in either fish or fisherman.
Fishing with a friend one day and he managed to hook himself in the neck with a barbed hook. The best we could do on the water was cut the shank of the hook with nippers. he had the hook removed later.
I tie my own fly lures and have found some hooks manufactured with no barbs at all.