Edible, but said to be lacking in flavor and texture, it is more suitable to being eaten raw as it melts rather quickly when heated. Sometimes prized as a flavoring for soups or vegetable dishes, it is rarely sought by mushroom hunters here. Growing in gelatinous globs, it seems a bit slimy and snotty in appearance to me. I'm sure I would need to be very, very hungry - and a long way from home - before I would ever consider eating any.
An owl perched in a nearby tree was hooting at us as we studied the fungi growing on those decaying logs, then finally took flight heading down the trail. Often seen with babies perched in those same branches in the early spring, even though we've had unseasonably warm weather this winter, it being only February, this resident owl still seems to be flying solo.