Where has all the Honor gone?

When I first started playing it seemed like good performance, good sportsmanship = Banner . A Season and a half later it is extremely rare to see the nice animation of Honored. It seems to me we all enjoy having fantastic games where everyone has good synergy, plays are made, enemies are killed, Enemy Nexuses (nexus', Nexuss whatever) are destroyed and we all get that big fat Victory (OH BABY). Now while a good GG is the generally accepted pat on collective backs (not Rekt, EGEL, 2EZ) it seems like the Honor system has fallen into the void. As a Support main, I feel that since I won't be getting Pentas, Killing sprees or even a Triple something that an appreciative ADC or APC could do is hit that Honor button. That being said, while having a neat colored banner at the top Left of my Champ picture during a loading screen is kinda neat and lets everyone know you're a good sport/teammate/opponent a nice end of season reward, Summoner Icon, Ward Skin would be a welcome reward. Riot, we have heard about new incentives for the Honor system and the revisions coming to the Tribunal for awhile now. Can we get a little update or peek into the minds as to what you see coming out of the effort? Also will there be a limit for Honor given per day to friends/recently played to prevent "boosting" for rewards?Lastly I love mesome wards; placing, getting skins, breaking down other peoples, adding some ward skins as behavior incentives would be neat.

TL;DR If someone on your team has been Rocking out with their cough out, and was a great teammate hit that Honor button, show some love. There is a limit on honor you can give max that S**t out.