The absolute cross sections for the competing decay channels fluorescence, dissociation, and ionization of photoexcited long-lived superexcited H(2) molecular levels have been measured from the ionization threshold of H(2) up to the H(1s)+H(n=3) dissociation limit. The total and partial natural widths of these levels have been determined. Good agreement is found with first principles calculations carried out by multichannel quantum defect theory. The calculations reproduce the balance between the competing decay processes as well as its substantial level-to-level evolution.