This is a great topic to look into for an honours project because if the neural network works then they can find themselves more useful instead of using classical A.I. techniques. I'm pretty sure there is a lot of stuff on the web you can use for this. So would it be fair to say for when you research into could you talk about why neural networks can become a powerful tool and talk about the parts that out date classical AI techniques? Also could you talk about the practical uses of NN in the industry and vive versa. This link should give you plenty to think about for your research:
http://aigamedev.com/discussion/useful-neural-networks
I think there is plenty on this topic to do for a honours project and i'm looking forward to see what your final "output" is. :)
here are just a few more links:
www.learnartificialneuralnetworks.com/
http://search.techrepublic.com.com/search/neural+network+algorithm.html
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