Adjustment should be done with "full in" being the reference. I usually make it clear what I am doing and where I am at by saying " X clicks out" as a reference versus using clockwise or counterclockwise or more or less. An increase in compression - I would say "I went 2 clicks in".
A few random thoughts...
The amount of change with one "click" depends on "where you are at". For example - If you are at 6 clicks and you go to 8 - it will change things alot. While if you are at 18 clicks and you go out 1 click it won't change things much.
Some things not mentioned in the above article...
Symptoms of too much rebound at either end, at least for me, is a feeling that you are not "connected" to the ground - over slightly choppy terrain the bike will skip across instead of tracking across the ground "staying connected". For my tastes and riding terrain, good low speed rebound is the ability to stay hooked up over rolling whoops, whereas good high speed rebound is the ability to stay hooked up over roots and rocks (must return quickly when the shock is totally unloaded to stay on the ground).
If I am not sure the bike is "packing" or not - I run through the same set of whoops repeatedly and play with the rebound clickers - if it bottoms on the third or fourth big whoop then it might not be returning fast enough. If I go 'too far' in backing of the rebound - it will feel "springy" and it might kick me in the butt on the first whoop. I use the term "springy" to differentiate it from the feeling when the compression is too hard and it doesn't give on the bump - for me, this is more like "hitting a wall".
Also, one symptom of insufficient fork rebound is that the bike will "push" through corners or not hold the line part way through the corner. This is because the fork is compressed as you brake into the corner along with centripetal force - this tightens up the fork geometry. (less fork angle and less rake). If the fork rebounds quickly while you are in the corner, it has the effect of "raking the bike out" - make it steer more slowly. I check this by repeatedly taking the same corner and check for "pushing". I suppose it depends on where you are at - but it seems like I will feel this at, or slightly after, the apex of the turn.
First off, I am a 47 year old rider - Les reminds me that I am no longer an "A rider" (expert) - I used to be one...
. These days, I like to dial my suspension in for comfort on long trail rides at a brisk pace and I like my suspension soft. I enjoy tight and twisty stuff and am not much of an adrenaline junky as far as really high speed terrain goes. So I don't mind it bottoming hard in whoops and I will slow down for them. Given this, I will sometimes just adjust my suspension soft on compression until the bike wallows a bit (when braking or hitting something moderate in size) - then I go a couple of "clicks in" until it is stable.
I suppose that someone with different terrain, preferences or "testosterone level" might go about it in a totally different way...
jeff
p.s. Sorry for the long, long post!