Trying to decide on siding material.

Indiana. Some are telling me EWP will work well, cost is good, easy to install. Others saying Easter White Cedar is the way to go.

Pro's for EWP - lower cost, easier installation, stable.
cons for EWP - Pitch will bleed in direct sun, not rot or insect resistant. Will Rot be a real problem on siding or will it dry quickly and last a long time? Will insects really attack it? There will be 18 inches of stone from the ground up before the siding starts so you won't get splashing at the ground.

Pro's for EWC - More rot and insect resistant, no pitch bleeding
Con's for EWC - Cost 2-3 times more than EWP so I'm being told. I've already priced EWP at .90/linear foot in 12".

Any experience help appreciated.