This is a really solid piece of software. I've been using it for about 2 years. I know it hasn't been updated recently (though the dev intends to soon), but honestly, I wouldn't mind even if it never updated again, because for what it is, it feels feature-complete. I've even been lazy about updating and still use the 1.0 because it has everything I need.
It's a perfect piece of pngtubing software as far as I'm concerned. Wild value for the price (especially considering I bought it for $5 lol).
I'm planning on moving to a proper live2d vtuber soon, but Honk truly is great at what it does. I'm still impressed by how smooth the lipsyncing looks all the time. I'd recommend it to anyone.