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@theorbital - It works on one spam forum, but not on the other because that forum changed their time between queries - so if you could tweak the wait time on that, it would work perfectly.
@AlexR - It does not replace emails - it just let's you know which ones are bad.
The bad ones will 99% of the time be limited to the projects where you use forum comments. I have had emails make the honeypot 2-3 times for social bookmarks in 9 months. I have never had it go bad on tier 1 projects.
Unfortunately I do it manually, but I think there are better methods to make life easier. Like breaking out the forums into separate projects and maybe only use them on one level.
In the scheme of things, the forums only make up a fairly small % of my links, so I may ditch them, or just limit the # of projects that use them, or just say screw it which is my usual position.
I think the bigger reason to have different mail accounts is so you can create more accounts - not because of some fear of the spam list.
Just to do my normal dampening of the Stop Forum Spam email blacklist myth
One example pulled from there of emails being caught time and time again
The guys using these email addresses can only be added if they have been allowed to register and then the webmasters decide to report them
And another one