Preheat your oven to 375°F (190°C). This ensures the oven is hot enough to melt the cheese and crisp up the pepperoni quickly without drying out the creamy base.

In a medium mixing bowl, combine the softened cream cheese, sour cream, dried oregano, and garlic powder. Stir until the mixture is smooth and well-combined. Fold in 1/2 cup of the mozzarella cheese and the Parmesan cheese.

Spread the cream cheese mixture into the bottom of a small oven-safe baking dish or a 9-inch pie plate. Spread the pizza sauce evenly over the top of the cream cheese layer. Sprinkle the remaining 1 cup of mozzarella cheese over the sauce, and then top with the pepperoni slices.

Place the dish in the preheated oven and bake for 15 to 20 minutes. You want the cheese to be melted and bubbly, and the pepperoni edges to be slightly crisp. If you like a browned top, you can broil it for the last 1-2 minutes.

Remove the dip from the oven. Immediately drizzle the 2 tablespoons of hot honey over the hot cheese. Garnish with fresh herbs if desired, and let it sit for a few minutes before serving to let the flavors settle.