Yeah, I went to lava rock for multiple reasons.
1) never decomposes so I never need to worry that the bark in the middle is tightly packed and staying wet
2) I don't need to spend a bunch of money each spring replacing the bark
3) I can water like crazy and the roots are still happy (with the net/basket pots)
4) I don't need to disturb the roots of my orchids every year so I have better blooming
5) I can recycle the lava rock when I repot by baking or boiling it
6) It is so much cheaper ($6) than bark to buy and one large bag lasts a long time.
7) Ants don't make nests in it
8) It will wick up water
9) Weights down the pots so they don't blow around in storms or fall over from the weight of the flowers
I can probably think of more if I try harder but, yes, I really love the red lava rock.
One thing I have discovered is that it helps to use eggshell or some other source of calcium as that seems to wash away very easily. I've never had fertilizer salts build up on my rock but I use lower amounts of fertilizer. Good luck! I've been growing in it for many years and it is my absolute favorite medium.
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10) keeps a humid environment around the roots without staying too wet. Also provides humidity to the orchid as the water evaporates.