by am0n » Wed Feb 03, 2016 2:09 pm
1.) As Tinker noted, Honor is just another experience bar for PvP rank. However, that experience bar varies each week, based on participation.
2.) If you absolutely want to go Alchemy, I'd probably recommend keeping Herbalism. You are likely to just purchase low-level herbs, but the higher level ones get costly and it'd probably make more sense to farm those yourself.
3.) As Tinker mentioned, most people don't make back the money, because just about every guild has one or two people doing each trade and they are likely to go to that person to get stuff done for them. If you are in a guild that has a need for either of those professions, or a specialization in one of those, discuss with them whether you should take up that skill and what kind of support/need the guild has for it. However, there are some BoP items that each profession can craft, so if those items are something you absolutely want, working on the skill may make sense.