Which way
 

I've seen the skewer closer pointing just about every way on a road bike. Is there a right way or any way?

i think the "right" way is to have the lever placed so that it can close firmly. sometimes if it is up against the frame or the fork it is open slightly. also, pointing down or forward probably wouldn't be the best in case it gets caught on something. i used to be more aware of this when i rode mtn. bikes.

On road bikes I've always closed my skewer levers at 11 O'clock/front and 10 O'clock/rear positions. I see most roadies doing the same...

You're close Fixer... road bikes with front @ 3 o'clock, parallel with the ground and the rear around 10 o'clock, parallel with the seat stay. Some say this is just aesthetics, but I'm convinced that any deviation, no matter how slight, leads to catastrophic failure :) Don't say you weren't warned!

Remove QR skewers, replace with Pitlock locking skewers. No more extra locks, stolen wheels, or QRs opening when you don't want them to. :)

Around these parts most roadies (including me :o ) set the front and rear skewers in the three o'clock position, or parallel to the ground and pointing straight back.

I like 12 O'clock front (corrected from 11 O'clock, previous post) or parallel to fork because it enables me to grab the fork and squeeze the skewer lever to close. It's just a natural position for the skewer lever to rest at. But aesthetically, 3 O'clock front looks a lot better....

Like i said,i've seen lots of ways. So its not set in stone. Then i'll just leave them the way i've always had them,both at 3o'clock.

OMG another PC roadie requirement. First few months the PC police could have written me up for not taking the white wheel reflectors off. Then a few months later it was the plastic disk at the cassette where my ignorance was out there for everyone to mock. Later I learned about not putting the tube cap on the valve stem, and now the correct angle for the skewers. I believe it will now take me about 5 minutes to do the once over before I appear before the club. Thanks for the heads up!!

....we can also touch on how to correctly fold & carry that extra tube....

How??