I pretty much never want to see things in entry order. Neither in Recent Data, nor in All Data. If you just stored the chosen sort order in a cookie, that would be good enough for me (and not introduce more complexity to the UI), but it could also be an account level preference.
What never? No Never! Well… hardly ever.
The most recently entered datapoint is likely to be the one that I want to edit. But apart from that, I concur.
Particularly when I enter several datapoints at once on the website, I’m sometimes surprised at the order in which they appear in all data.
Of course, if I didn’t get behind in my data entry, this would never be a problem. 
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