I find it works well for a neck. Although you do have to be sure its well dried out, So it sits for over a year here before it gets sliced up for necks. it gets a nice texture on it after its cleared, if you dont bother to try pore fill it.
Fender used it on a few gitirs But I cant remember the models. Im sure Wezv would know, Or some other wealth of production model knowledge.
We use ash over here in Ireland for all sorts as it grows like grass, all over the place. Particularly good example would be hurleys. Iv seen those last for years on end with little or no finish on them, in sun & rain. Those things get some unreal punishment & stay nice n strait. I still have my little sisters at home, it must be 20 years old now. with no finish on it, stored in an outside shed with no real protection from the elements - pin straight - strong as an ox.
For those that dont know, hurley's are used in a game called hurling,
hurling is basicly rugby, except that its much faster paced, cross bread with murder & played by the kinds of lunatics that a rancor would run a mile from.
then for good measure, the ball is much smaller & hard as a stone,
The players are all armed with hurley's (basicly a big stylised simitar sword carved from ash)
& from the spectators point of view, there dont seem to be any rules against trying to kill the oposing players.
Great stuff