Hey Scarneck,
Yes it is possible to make an okay braggot from extract and honey. Though adding and steeping specialty grain will turn out better. Yes, it's worth it... after all it's a starting point.
I've just started to use hops after about a 1/2 dozen braggots.
As to a recipe, you say you've made beer from extract. Well start with a recipe you've already made, then add honey (at least 30% of the fermentable sugar) and you have a braggot.
Something I've started playing with, the use of an Ale yeast to ferment the wort, followed by blending the ale with honey and water, adding wine yeast and letting it ferment out from there to make a braggot.
The results have had much better malt character, and by far a more complex braggot then using wine yeast alone.
Links to the latest braggots I've made/am making ~
Apple Wheat Braggot
Bermuda Triangle Barleymead
Imperial Oatmeal Porter Braggot
While these are All-Grain braggots, there's no reason they couldn't be made with extract and specialty grain.
Dmntd