You are over thinking this.
Clockwise is 'more' damping action = slower wheel up/down movement
Counter clockwise is 'less' damping action = faster up/down wheel movement
Rebound action is acting on the extending of the fork/shock
Compression action is acting on the compressing of the fork/shock
Rebound affects compression and vice versa
Rebound has more effect on compression than the other way around.
You have to ride it to know.
Copying someone else's settings is pretty much useless unless every single thing about their bike, size, and style is exactly the same.
Write down your starting point, changes, and final numbers.
You will forget if you don't.
The suspension should be reactive enough that when you stop hard with the front brake when standing, you don't feel like you are diving.
If it feels dive-y, you need more compression.
If it gets too harsh for you, then you need re-valving.
You should always ride a tiny bit stiffer than what you 'like' because it is much safer and provides much more control.
Click out the compression a few clicks, then test the rebound and adjust.
Revisit the compression and add if needed.
You cannot judge anything sitting still in your garage.
It only matters while riding.
You must set the sage correctly (in other words, correct spring rate problems first) before doing any of this or it will just be confusing.
Sag should be 25mm static and 100mm race to start with; you can vary it to suit.
Edited by TheKoolAidMadeMeSick, March 12, 2014 - 04:37 PM.