The problem is that straight honey mead is just not all that interesting to drink. It usually does have some of the residual honey character - but who wants to drink a pint of diluted honey?
By the time you get around to tweaking recipes that turn out a product most people would like you're either back at the same level of effort or time you'd have to spend making a regular grape wine.
I've made a handful of meads so far and I don't think I'm going to do another one unless I have a specific recipe in mind - maybe a metheglyn or a braggot.