After getting stuck in the Midwest for a couple extra days thanks to bad weather, I finally made it back last night and got straight to work. The results appear to be reasonably conclusive.
For reference, here's the picture I took prior to retensioning after advancing the IP sprocket:
And here's the tensioner correctly tensioned after advancing the IP sprocket:
Here's a picture I took last night after loosening the tensioner from it's correctly tensioned orientation:
Last but not least, here's the tensioner loosened after being
incorrectly tensioned (CCW):
Try as I might, the only way I could get the tensioner to look like it did in the first picture was to wind it the wrong way, and then let it slip back a bit (and believe me, pride compelled me to try to find
any other explanation).
In the end, it appears that I have to swallow said pride, and accept that I must have tightened it CCW. That would explain why it loosened (I'll refrain from using the term failed, since the failure wasn't the tensioner) and the IP skipped a tooth. I'm feeling incredibly lucky that the end result was a few days of frustration, and not a ruined engine.