My Dad is a woodturner and I can tell you they really prize the wood from this tree. He's always on the hunt for one being taken down and then cutting it up and distributing it to his woodturning club members.
Here's a vendor my Dad knows that explains why turners like this wood. http://www.woodturningblanks4u... And it's not a true pine. I don't think my Dad has ever turned a regular pine except maybe to practice on.