Folks
I stumbled across very detailed and accurate MCG explanation given by our Freescale champ mjbcswitzerland here: µTasker MCG Configuration Support
I strongly recommend reading it before diving into your processors manual.
mjbcswitzerland has very clearly and concisely explained settings with do's and dont's.
Feel like mjbcswitzerland should be assigned sections in Freescale manuals.
Thanks you so much.