I flew mine on the 1st May last year. It stayed there 24/7 for the next 6 months. It was certainly starting to look a little tattered by the time I got back to Perth, but continued to fly it for probably about another 4 months before I took it down.
It deteriorated no quicker then the WWSA burgee we flew at the same time. I have no experience with these little flags as I have never bothered with them before. What I am sure of is that we used a reputable Australian manufacturer who make the flags for a lot of other organisations. I'm sure its longevity is largely based on it's use, both in frequency and conditions it is used in.
I am sorry you are disappointed Sirgallivant.