Thanks Ray for that link! It's so crazy how everyone has totally different experiences with chc! I guess it depends on your growing conditions. I use a chc mix with every single orchid I have that isn't in s/h. I've been using it for over a year now and have had great luck with it.
My phals especially seem to love it. The ones that were doing nothing at all in bark seemed to come to life in chc. It absolutely does not stay too wet or soggy for me. And that's even with 70% plus humidity in my orchid room. But reading that makes me a little nervous. I hope everything doesn't go downhill in another year!
It's probably like sphag. People have very strong opinions about it, they either love it or hate it but it really is just dependant on their growing conditions and how often they water.