Honey is the very healthy byproduct of busy bees. Honey contains bee pollen, which is made up of vitamins and minerals. Honey also contains different types of bacteria which can actually heal wounds when applied directly as a salve. Additionally, honey can help cure allergies, especially if it is from local bees. Eating local honey can build your anti-histamine's, alleviating or eliminating allergies. However, care should be taken when giving honey to infants. Honey contains botulism spores, harmless to adults, but can grow in the infants' intestinal tract and eventually kill it. Botulism is theorized to be one cause of Sudden Infant Death Syndrome (SIDS).
Source: M. Berenbaum 1995. Bugs in the System 73-74.