Hi dyablo,
I think our situations are fairly different, for one I am twice your age. I don’t recall having morning wood for the past couple of years, except for the past couple of days, where I have been woken up by a hard morning wood. I am 1-2 months into doing PE, so I can’t really pinpoint a reason, but a couple of days ago I did start doing the spreading exercise that cheeva describes.
I still have been ejaculating at least once a day, but doing the spreading exercise has cut that down. My gut feeling is that doing the spreading, in place of just rubbing one out, is giving me the morning wood.
PE aside, I am not sure I like getting morning wood as I don’t like getting woken up :) But, I am taking it as a good sign that my PE is going well, so for the moment it is a nice way to start the day and I hope I keep getting them.