The unique Honeycomb nebula, most likely a peculiar supernova remnant, lies in 30 Doradus in the Large Magellanic Cloud (LMC). Due to its proximity to SN1987A, it has been serendipitously and intentionally observed at many wavelengths. Here, an optical spectral analysis of forbidden line ratios is performed in order to compare the Honeycomb high-speed gas with supernova remnants in the Galaxy and the LMC, with Galactic Wolf-Rayet nebulae and with the optical line emission from the interaction zone of the SS433 microquasar and W50 supernova remnant system. An empirical spatiokinematic model of the images and spectra for the Honeycomb reveals that its striking appearance is most likely due to a fortuitous viewing angle. The Honeycomb nebula is more extended in soft X-ray emission and could in fact be a small part of the edge of a giant LMC shell revealed for the first time in this short wavelength domain. It is also suggested that a previously unnoticed region of optical emission may in fact be an extension of the Honeycomb around the edge of this giant shell. A secondary supernova explosion in the edge of a giant shell is considered for the creation of the Honeycomb nebula. A microquasar origin of the Honeycomb nebula as opposed to a simple supernova origin is also evaluated.