I haven't tried honey fungus yet but a similar shroom, armillaria tabescens, was delicious the other night, well cooked in a good splash of oil and added to a sausage and tomato casserole. Some people say it's bitter, I didin't find it so, but all the references to it and honey fungus say these shrooms need to be cooked before eating. A tabescens has no ring and is a bit moe chestnut coloured than honey fungus.
here's a pic
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