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I would walk away from it until Spring then plan on tearing off the old boards, check the framing for soundness and then lay down new decking.

That's what I did a few years ago, but the guy before me bought himself a few years (just enough for me to buy the house) by replacing about 5 pieces of board and sugarcoating the rest. I'm sorry, staining and sealing the rest.

It may be that you have a couple of bad boards because they cupped the wrong way, held rainwater and rotted out, while the rest are fine. Otherwise you're probably looking at a whole bunch of boards which have not been well tended for the past 20 years, and some are showing their age a little earlier than others. Within a few years you may be in for a complete overhaul, which is what I did (and what Scott is saying.)

Thompson's (to jump back to an earlier post in this thread), I am told by those who supposedly know, lasts about 3 months; it is a "top coat" of paraffin which wears away due to rain, snow, sleet, heat, or just time. There are better ways to treat your lumber.

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