LR is only beneficial. You wouldn't have to stick with the 1lb/1g rule, although that is highly recommended. You could get away with 7lbs in a 14g tank, and add some as you go. No LR will also mean you'd need to cycle the tank the hard way, ie. months of waiting, using some media from another hobbyist, or using some hardy cycling fish.
The problem with such a small FO is your not going to have any good fish choices, stocking is extremely limited without LR filtration as your nitrates will soon rise, and adding anymore bioload will be hazardous. Your looking at 2-4 SMALL fish maximum, and that would be things like acro gobies, and a young clown (what happens when it grows?).
Flow, or total tank volume turnover per hour is very important, SW holds less oxygen than FW, and less at warmer temperatures. Surface agitation and turnover is important to make sure your fish have sufficient oxygen, not to mention water chemistry can be effected. Id look for 20x total tank volume turnover
minimum.
Cannister filters (I use two on separate systems) would not create sufficient water surface agitation, or tank volume turnover alone, and would need supplementation with powerheads (one or two, depending on flow rate etc).
IMO, an FO tank would only be suitable for a larger tank, say minimum 30g. This is not to say it wouldn't be achievable in anything less, but think about what your going to be stocking the tank with. Is LR really that expensive, considering the role it plays in biological filtration, aesthetics, and sheer interest with different invertebrates, macro algae etc.? Can I afford to just have a cannister which will create nitrates? If its an initial cost consideration, consider the cost of RO water + Salt on continuous water changes.
Jsut some things to think about. BTW, I started one tank FOWLR, thinking it would do, but its now a Reef, so dont just think about what would suit now, but also what direction you might like to take the tank later.