I understand that Honest Ed's is an important staple in Toronto and to be honest, I'll be sad once it goes. The sign is so bright and the best is driving/walking past it at night. It's quite a site.
However, there's nothing else I like about Honest Ed's. I once bought an alarm clock there that didn't even work when I brought it home. I ended up buying a cheaper one from dollarama that worked.
I would reccomend making a trip before it's gone completely for anyone who hasn't gone yet. However, be weary of buying items.