Bring the water and salt to a boil in a saucepan on the stove and whisk in the grits. Lower the heat to medium and cook the grits for about 5 minutes, stirring often.
Remove the grits from the heat.
Whisk into the hot grits the butter, shredded cheese, beaten eggs and honey. Spread the grits into a greased casserole dish. Bake, uncovered, for 25 minutes.