Based on my experience, Cayenne will keep ants away from an area, but if you ever get some of it on your hand, even weeks after you have dusted something with it, and then rub sweat out of your eyes, you'll cry. A lot. Old cinnamon dust in the eyes stings, but nothing like cayenne.
If any lingering scent were to get into the honey, cinnamon is nice. Honey with a hot aftertaste, in my opinion, is NOT :)