Personally I found Honor Nation to be a much, much better rounded show than DBD IV. Sure, DBD IV has Cage of Death and Nigel/Strong but I'll take a fantastic Aries/Danielson match, a great Morishima/Steen, and super fun Hero/Claudio, VS/NRC, and Necro/Jay matches over it.
Aries/Danielson was great, but not fantastic. Steen/Morishima was good, very lackluster and a poor man's Shingo/Morishima. You'd think Steen would be able to put on a better match against Morishima than Albright, but wow...no. Hero/Claudio was shit. Yeah, I said it. Hero vs. Claudio in ROH is full of fucking fail.