The sensor on my LC-1 went out not long ago (LSU-4 sensor) so in talking with Innovate to troubleshoot it, I found out from the tech that he had seen the sensors last "between 300 and 30,000 miles". I pulled the LSU-4 sensor off my PLX m300 and it worked fine.
So that being said, I would tend to want to run the factory narrowbands in tandem and use the wideband as a 3rd bung. When it goes out, it is a bit harder and more expensive to find than a factory O2.
There is also the speed at which the widebands update vs that of a narrowband, the wideband being supposedly more sluggish at this - take that with a grain, I have no proof other than hearing it from several reputable people that I trust on those matters.
For doing local tuning I am going to rig up my PLX m300 to accept a factory style O2 plug so I can just unscrew their factory O2 and screw in the wideband and have it do double duty as narrowband and wideband TEMPORARILY. This will be used once the closed loop tune is nailed down on their factory hardware.
Food for thought.
Wes