I'm not a big fan of Trex or any of the composit decking materials. It could just be me, but every time I've seen it, I see sagging and cracking in places. I have a way of finding flaws in things, though I never mention it to anybody, but if you look hard enough, you can find the flaws.
A really good example of Trex failure was at Yellowstone this past August. They put it down at the viewing area for Old Faithful. It's on 12 inch centers and has just about totally failed. I know it's used all day, everyday, but to me that just shows what will happen on a residential deck after a decade or so. The failures are that i's sagging some to real bad in places. It's cracked around the areas it's fastned to the joists underneath, and it flexes to different levels when walking on it.
For the money, I still like 5/4 PT decking. It shrinks like crazy, so you really need to set it out flat for at least a week before installing it.
Somebody on here mentioned a really good technique to preserve your PT joists. Put flashing paper over the edge before attaching yoru decking. You wont see it under the decking, but it will keep the moisture off of it when it rains. If you don't have flashing, cut roofing felt, or tar paper into 4 inch wide strips and staple to the top edge of the joists.
Good luck,
Eddie