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OK, so I've been thinking about this some more, and I realized that the original honorware idea suffered from one major problem: it was *too* pro-user, at the expense of turning off most designers. I firmly believe that there should be a way to get many more people to pay *something* (something less than the "full price", depending on their personal circumstances/disposition), but nobody should get the font completely free (even though piracy is unavoidable to a large extent), and also we should "reward" people who are willing/able to pay full price.
So here's what I came up with - I'll explain through a quick example:
Let's say a font is $100 for somebody who just buys it, but it's $125 for people who want to pay in let's say 5 monthly installments: they'd need to pay the first installment to get the font ($25), but then the "honor-factor" would kick in, and they would pay the rest over time, or "cancel" at any time.
One side benefit (which however never bothered me too much personally anyway) is that this is really no longer Shareware. It's something in between (and maybe "honorware" is no longer the ideal term - but "hybridware" stinks), and that's why I think it strikes a realistic balance.
-Hrant