My only experience is with very dry cedar recovered from a friends woodpile. I had to work round the rotten bits. However, as mentioned, the smell is lovely and I found it very easy to turn and considering that it was early in my turning life, also found it took a finish very easily.
I have recently, 'revisited' some of those early bits and as I am becoming converted to 'shiny' since I got my buffing equipment sorted (I still like a lustre on some things), I find that the cedar polishes up very well indeed and has a glorious colour.
So I suppose I'm saying "go for it"
This is the piece I did for the donor to say ta for the wood.
I turned some large pieces that had been down a couple of years at least. I didn't have too much on an issue with resin but found that my tools had to be very sharp otherwise the end grain was a nightmare to get a decent finish on.
Also, don't apply too much pressure when sanding as I got some heat checking
Thank you all very much for your replies, they are very encouraging and i have taken on board all your advice, Gus loving that bowl lovely grain and finish, i will be happy to turn something like that out of it.