I have used mucho Black Locust for furniture, and as Burnham suggests, it was first suggested to me by a boatbuilder friend, that would use it for ribs. It steam bends quite well when the grain is straight, as is often the case. The straight grain bendability is why it can make a good bow. I have made table tops from it also. The grain tends to be rather quiet appearing, and the initial yellow color ages to a nice honey tan. A useful wood, but it can be problematical to dry, a lot of warping can result during the process, I'm not really sure why some boards will dry flat, and some will twist badly, even with a similar grain configuration, possibly the season when it is cut, and the age of the trees will make a difference, older and tighter grain being better. I would suggest having the wood quarter sawn if the tree is large enough, and you don't need wide pieces, it will dry more stable that way. It can be a tough wood to work, sometimes very hard and stringy with the grain changing direction often. It machines ok, but internal stresses can make a board that appears stable in the larger width, when you cut it with a table saw for example, the pieces coming off will immediately twist, and in the worst scenario, it wants to bind against the blade and won't push through. For such a hard wood, there isn't a lot of strength between the fibers, it will split easily, and not talking about firewood.

Still, all in all, it can be nice. I've been poked a few times too, but I don't recall any complications.