Your choice of honey and rum will greatly affect the flavour and, indeed, the success of the finished cocktail. More flavoursome honey demands a more robust...
I found my favorite version of this cocktail and, regardless of the type of rum, it's 2 oz Rum, 1/2 oz 2:1 Honey syrup & 1/2 oz to 2/3 oz Lime juice. Shaken with one medium/small ice cube until I can't hear it anymore in the shaker tin & dumped over any type of ice.
Honey syrup is central to the flavor, and it is apparent that my honey syrup is lacking :( I used cachaca (as noted by Iayn, likely more true to the cocktail's origin), which I enjoyed. Between the cachaca and the honey syrup this becomes quite distinct from a daiquiri - but this is certainly delicious in its own right. Highly recommended for rum/daiquiri lovers - experiment and make this your own.
I made it just like the recipe but tasted it with a bar spoon before adding ice and thought I'd like it more served up instead of over ice. It's an inexpensive and enjoyable tasting cocktail to make, and a good use for my Bacardi Gold. I want to taste more of the rum so I'll reduce the honey down to 1/2oz next time. I'll also make it again with Avua Prata from Iyan's suggestion.
Another drink that proves that you don´t have to fiddle with a lot of ingridients and fancy procedures to make a stellar drink. Be very picky with the choice of honey for your honey syryp - and everything will turn out just fine. Or better than fine. This i tastier than the ordinary daiquiri. And i still love daiquiris.