I'm probably in the minority of people on VFTT who have not done this hike and likely won't do it until next summer. It is most often described in a clockwise fashion hitting Morgan first and then descending from Percival. Is that just because the Morgan trailhead is the first one most people arrive at or is there a good reason to do so? Is there a compelling argument to be made for going counterclockwise? From the description, it sounds like a tossup to me. On loop hikes, I generally will ascend the steeper side. Regardless of direction, I'll be skipping the "chutes and ladders" alternate routes.