http://thesweethome.com/reviews/best-dutch-oven/Shorter version: The LC is the best, but may not be worth the price difference. There are details in the design that are interesting, but probably don't get noticed day to day if you only have one pot like this: handles, surface area, lids, etc.
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No one will tell you that Le Creuset's Dutch oven is bad. Cook's Illustrated likes it, giving it a perfect score. Amazon shoppers like it, and Fine Cooking likes it, calling Le Creuset "reliable and indestructible." But the Le Creuset costs nearly six times as much as the Lodge, and I didn't find that it cooked any better.
For most people, the higher price is probably not worth it. But, if you have to have the absolute best, and you use a Dutch oven several times a week, the Le Creuset's larger handles and additional surface area may be worth the splurge.
We have a LC, but we've had it so long that I have no recollection of whether it was a gift or what we paid for if it wasn't. People do keep them so long that the price difference amortizes over time. Other enameled stuff we have has chipped, even though we don't use our enamelware that often, and that's part of LC's reputation.
So, it may be that it doesn't matter as much if you don't abuse it, but the LC is more forgiving. Their replacement warranty is pretty amazing.
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The Le Creuset also comes with a lifetime warranty. Even if the fault is yours, the company will generally offer you a replacement for 75 percent off the suggested retail price, as The Sweethome's Christine Cyr Clisset found out when she sent her chipped pot into Le Creuset's warranty department.