Thanks Tom! My house is 100 years old this year. Our whole College Hill neighborhood is around that age. Water and exposure has been its worst enemy. Treatment and care, or lack of is easily apparent.
Woods other Achilles heel (which promotes rot) is that it 'moves' (we all know that too well).
It swells and shrinks due to temperature and more so, moisture content.
But how much? I would use a scale of 1 to 10. 1 would be wood that is encapsulated and maintained in a waterproof coating (like varnish). A 10 would be left to gray. It will go through a huge swing as it soaks up water and is dried by the hot sun.
The greatest thing about composite wood is that it doesn't absorb water. Hence it doesn't move much (only expands via heat).
The problem with it I find is it's structural properties> It has none. Unless you call al dente linguini 'structural. I can only think of one place I could use it on my boat(the thick base of the windlass-perfect with paint), because all the wood components are structural. But houses have lots of applications.
Here is a near 200 year old window on my house. I used the same process with composite. The old sill, a full 2" thickness, was old growth. I could find that piece anymore. Too much 'new' pine I buy comes with the rot already in it. Just give it a few years.
Some purists on an old house group online gave me the thumbs down. I'm at peace with it. It should last for a century or more. I know it will if maintained.