I personally like the new hono(u)r system. I was sceptical about it when it was announced but I feel it HAS had a positive impact on the community, even if people are just playing nice opposed to feeling nice.
My first entry into ranked a few weeks ago was depressing. It was a wonder my teams managed to eek out 3 wins out of my first ten considering how mean people were being to each other on both sides. Hono(u)r system comes out, bam, 4 wins because of good teamwork, 2 losses because the other team had superior comp and teamplay. Not because the players were acting like complete dickheads and losing sight of the prize.
I have noticed a minor bug with the system. I noticed that when I logged in this morning and was awarded hono(u)rs for helpfulness, when I obviously had not recently been in a game. The only conclusion I can draw from this is that the system is currently only capable of awarding hono(u)rs one at a time, and the rest just sits in queue for the next time you come out of a match / login.
Anyways, awesome system, keep it up!