coconut oil question

[Metal]

Well here it goes. I've read a lot of opinions on the shelf life of coconut oil. I was at wally world and found a jar/bottle of LouAnn coconut oil and my questions are:
1) How does it taste?
2) What is it's shelf life?
3) Can it be substituted for other fats and oils and how to do it?
I tried the search function but did'nt get the answers I was looking for.
Thanks for any help.

[Klayton]

it doesn't have an expiration date on the bottle?

I found this: http://www.qualityfirst.on.ca/FAQ%27s.htm

Says 1.5 years before signs of rancidity... ???