...what does your manual say (my not so subtle hint to rtfm)
Well, let's take a look...last time I checked the manual (for the fork lock) it didn't even mention it...
Hmmmm...As usual, the text mentions nothing about which side to push through first...but the pics show the nut on the sprocket side...The manual also doesn't mention removing the mufflers...although it would be a very good trick to get the axle out without removing them...
However, I thank you for the input.
Edit: Just saw your edited/2nd post...Yes, Honda manuals are wonderful, aren't they???