Its kind of double edged. Going later allows the crews to get in their grooves, but attrition builds up and their casts are seeing more and more holes due to lost members.
This is the main perk of getting a full FF pass. We get to see the entire event, nearly every year my favorite house at the beginning is totally different than my favorite house at the end. Sometimes its because they fixed something that wasn't working (Havoc) and sometimes the crew is decimated and key gags break (Carnival Graveyard)