There are expensive & superior picks that never wear out. I have all the expensive picks. I've tried everything.
Blue Chips do sound terrific. But I don't like any of the shapes, not precise enough for my speedpicking stuff. I like a "jazz" pointy tip, but a normal-sized pick. They don't currently have anything like that.
I have a Red Bear and it's very good, it's my #3 pick. The Classic Plus is their new pick, which is totally my style, pointy and not tiny. Unfortunately these picks do wear out.
Here's my top 2 picks.
#2) I got a 1mm jazz-tipped standard-sized pick from
www.picksandstones.com - it's not on listed on the site, but he does make them if you email him. I got 2 for $52 during a sale and they are totally beautiful. These are the best pick I've ever played with for sweep picking and the tone is killer. Lasts forever if you don't drop it on a cement floor or something. But yeah I don't like to play ultra-fast speedpicked stuff on the highest 2 strings with these. Not quite accurate enough for that at breakneck speed.
#1)
http://www.obbligatoinc.com/ Obbligato (black diamond pick they call it). I actually helped create a pointy pick for them which they will be selling under my name. You might think I'm biased haha, but read on. I bought their standard (non-pointed) pick and because the tone was so gorgeous I worked with them on several variations until we settled on 2 different models. These are $30 - $50 - I know I know, but they do last forever, so it's ok for me. Just don't lose it. I carry mine around my neck on a necklace. Looks cool too. These are the most accurate picks I've ever used for shred and all-around everything. Amazing harmonics, feel and tone. And the tip is pointy but rounded by hand just perfect. Perfect combo of precision and smoothness.
I'll let you guys know about what's different between the $30, $40 and $50 offerings from Obbligato if you're interested. Just ping me or answer here in the thread. You can even get them with Tiger's Eye handles and other cool options. Or with your name / logo on it.
-Brian