I tried using honey for my single two strand twist after I had washed my hair but it was still retatively wet when I applied the honey on the hair...so, yea....no, it didn't work as well and definitely didn't have as much hold.
Lets just say my hair experienced mucho shrinkage. I still added good ol' KCCC, so it does have a lot of hold, but it lacks that shiny shine sleeky look that honey gives on dry hair. But I've been rocking it for about 3 days now, and its mucho coily/curly. Which is what I Luv!