This is a great route and provides a great feeling of accomplishment when done in a single day from Lupine Meadows. We brought a single 60m rope and could never find the alternative rap point. We hooked up with a soloist also carrying a 60 to make the rap in one shot. The rappel can get really backed up, especially with weather moving in.
The Exum is perhaps a bit more intriguing, but this climb is a classic and keeps you thinking on the way down if you don't repel (which also requires thinking. I recall giving up looking for the anchors and descending Owen's the first time. I'm not sure which is best?
"After the first glass, you see things as you wish they were. After the second, you see things as they are not. Finally, you see things as they really are, which is the most horrible thing in the world."
--Oscar Wilde on Absinthe