speaking from personal experience, having a thermal mass of a brick or stone chimney in the center of your home is such a tremendous feeling. This is how they heat near the artic in Scandinavia and they've got it down to a fine science. You're not wasting flue heat, you're storing much of it, to release gently into your home over hours and hours. Very pleasant heat and definitely adds to the value of a well built home.
I was fortunate to find an excellent European mason when I built my house in the late 80's. My 30' straight up brick chimney and 6X10 tile liner has stood up fine with 22 years of burning and has been fully inspected. Built like a tank. It drafts well, especially in the cold, and makes heating an entire 2500 sq ft two story home possible with only a large wood stove on the lower floor. If I ever get any cracks I can always slide a liner down it (heaven forbid), but so far, it's been one of the best investments I made in this home.
Thermal Mass Thermal Mass Thermal mass ;-)
having said that, I have heard that some building codes now 'require' ss pipe
even though a retired fire chief told me recently that they see more fires in SS than in Tile/Masonry. and so goes 'progress' in North America! Better double check with your local building codes to be sure.