Go metal. Sam's club has some lifetime metal sets that would work (swings or swings + slide + Ect). We went with wood because the Mrs. wanted that because she said they look nicer. I told her I wasn't going to stain it yearly but she said she would. Five years later......it has never been stained, looks like crap & is starting to come apart.
My wife will almost never admit to being wrong but she even said if we were to buy a swing set again it would be metal.