We did a quasi loop. We went in at Diana's Bath, wet to North Moat and then Middle and South. Then we doubled back over Middle to the junction with Red Ridge Trail. We went down Red Ridge and eventually hooked up with Diana's Bath area again. It's an easy hike!
Just doing the basic Red Ridge/North Moat loop is an excellent hike. It's maybe a mile or so longer than the traverse and doesn't require a carspot. The views from the ledges on Red Ridge are as good those from South and Middle.
I may have to pass this one up for now skiguy unless my plans change between now and Sunday. Hope some other VFTT members take this up as I have heard so many good things about this hike. If you don't get a car spot, then Bob's suggestion sounds good too.