By far the best hike of my week in sedona. munds to cowpies to hangover - clockwise gets the best views. Id rate as moderate for hikers difficult for mtn bikers (ithink its a double black diamond trail). Every moment of the hike was stunning. very few people even on a weekend. I passed two groups only on my way round and was passed by only one group and a trail runner going the other way. Perfect :)
AWESOME place
Pink Jeep Tour stops here