Probably not unless you have to carry a frying pan anyway. I never do unless I'm planning to cook fish. Hot cereal to which you add hot water or cold cereal to which you add cold water work much better. If you pack your cereal in a plastic bag, just eat it out of the bag--you won't even have to wash any dishes (just lick the spoon).

If you want to get out on the trail at an early hour (good idea if it is hot or if you're in an area that has afternoon thunderstorms), you don't want a breakfast like pancakes that is time consuming and takes a lot of fussing.