The history of failed siding products keeps growing. Here is a short list of "winners", "losers" and "products with some problems":
Winners
The quality of the building design, installation and maintenance practices are as important as the product itself.
Losers
Most of the problems with these products are related to extreme weather conditions plus poor design and installation.
Products with Some Problems
Note: Polyvinyl Chloride has some potentially serious toxicity problems during manufacture and disposal. I don't recommend the use of PVC containing materials such as: pipes, vinyl siding and some roofing membranes.