Stain or Paint Porch Deck?

[Felix]

We've stripped, sanded, and cleaned our porch deck down to the bare wood.

We planned on putting stain on the deck, as we were told that would last longest, but another neighbor is now advising us that painting is better, specifically applying a coat or two of oil based primer, and then applying a coat of oil based paint, or even latex.

Any thoughts on the best procedure?

Thanks!