Had a place that was cladded in the stuff for 24 odd years, 14 of them owned by me is still going strong. The only maintenence I had to do was hit it with the high pressure hose and a stiff broom to get the lichen off it.
Cant really answer your other questions but in my opion worth every cent. Knew the previous owner quite well, but he is dead now so cant pick his brain about the details.
Bummer cause I am renoing a joint at present and am going thru the same considerations as you are.