I used to think food value was important. I'd always make the best food possible. Now I realize it doesn't matter. Obviously I won't just keep making the lowest food items, but mid-level food like stews provide enough food to keep you going for a long time. In my current game, I haven't even bothered with stews and just keep making steak and potatoes and they are enough. If you eat once per day or twice per day, it really doesn't change anything. You can carry 10 in a stack, so unless you're going to be gone from your base for a really long time, you're not going to run out. Whether you want to deal with a farm or not is more of the issue, I think. Personally, I don't mind it. It takes practically no time to harvest and plant crops since I don't make a 100 plot farm like some people. Mine is usually 10 or less and works fine for two people.
As far as being a waste, unless you have enough honey to keep making food or drink for everyone in your party without constantly being short, then you're wasting honey, imo. If you make enough apiaries to keep overstocked on honey enough to do so, then that's obviously not a problem. I haven't played long enough with apiaries to know how many you need to handle different sized groups yet. But to me, if you're eating or drinking stuff made with honey when you're not infected, it's a waste. If you're overloaded with honey, then it obviously doesn't matter if you waste it. I'll still probably never make any honey food or drink because I see no value in it regardless of the amount of honey I have.