Name that bug

[Jason West]

I'm about 2 inches long. I'm furry and some people think my colored bands can predict the winter. What am I?

 

[Invader]

Is it a Elizabethan tiger moth caterpillar , otherwise known as a woolly bear?

 

[Jason West]

Yes it is.

 

[Invader]

Next bug clue:

I share a name with a famous Cyclops.

 

[Invader]

Does anyone need a hint for this one?

 

[Joe Kerr]

Polyphemus moth?

 

[Invader]

Yes Joe that is correct, you are now entitled to post the next clue.

 

[Jade]

or a water flea?!?!

 

[Joe Kerr]

I was created to be the perfect breed of my kind.
I became the perfect nightmare instead.
Unlike my relatives, I finish what I start.
Get near my home and you will not live to tell the tale.

What specific insect am I?

 

[Jason West]

Black widow spider?

 

[Joe Kerr]

Nice try.

Here are two more hints:

1. Don't call me "honey"

2. My general species has already been mentioned in this quiz before

 

[Jade]

a killer bee?!?!