whatever you paint the deck with, it will have to be redone eventually. i have friends who use a good grade porch/garage floor paint. it;s just a matter of how soon you want to re-do it. i used a rusteolum product that was 2 part paint. relatively cheap, around $100 for a gallon of paint and a gallon of activator. the nice thing was i could just tint as much as i needed for a particular project.
lot of guys use the coatings like skunk & spare mentioned. i worry about if you don't like it, pia to get off. plus some a little aggressive on bare feet and possibly hot also.
i think destroyer used a coating on his deck and is very pleased, maybe he'll add some insight
i used the cetol marine gloss on my teak. i also think the high gloss holds up better than semi or satin.
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