How to decide print orientation? Please Note: This question is not about the design. It's about deciding print orientation after the design. 

I have a small, but complex piece which I need to print. Here are two images of different orientation for you:





No matter how I orient it, it will require a support structure. Any which way I print it, I believe there will be pros/cons to doing so. My question is, Is there a thought process for how to orient the part for printing? What are some of the things to consider when deciding print orientation? 

Note-1: For a size reference of the part, looking at the second image, it is approximately 60&nbsp;mm from the top of the long bottom part with the two "claws" point down, to the top of the vertical piece which has the two larger chamfered holes in it. In the same image, the left part will be at the bottom when put into use, though will be suspended (the chamfered holes will have wood screws in them, with a block of wood on the other side from the chamfers.

Note-2: For this example, I will be using Priline PLA filament on an Anet-A8 printer.
To answer the generic question "Is there a thought process for how to orient the part for printing?", I would say "Yes there absolutely is such a process!".

Part of this though process can be aesthetics, structural strength, limiting filament waste, print duration, etc.

For the given example I would try to think of the load case (if it has to bear a load) that subjects the part and prevent a perpendicular load to the deposition plane. If the load is low or non existent, you could orientate the print such that you minimize wasting material, or get the best aesthetics (removing supports can leave its scars).