Yes, Yin Yang Water is just the water mixture. Drink it that way and get all the balancing benefits.
I've done the yin yang water with the black sesame tea many times in the past.
Just this week I added a little lemon and cayenne pepper. Not sure how often I'll do that one. It's supposed to be good for me, so I'll have to work up to it. The lemon is to help with detox, and the cayenne to rev-up the metabolism. This is not SFQ, just my blending of two sources of information.
As for adding honey. I have done that the most. I especially like to do it at the start of a fast. I helps me to clear the digestive track, which is good during a fast.
Way more information that you were looking for, but that happens. Once the energy starts flowing..... look out.
P.S. in level III you learn how to add energy to the water (or anything). For now you can just look at the water and think "you are love"; see it glowing with love energy (or whatever energy you want to join with you). (If you want more, search the internet for Message in the Water or Miracle Water... or something like that. It shows how simple it really can be. Where the mind goes, qi will follow.)
You are perfection.
Iam2