Aspen is a member of the poplar family, with most of the same characteristics. It is a light weight hardwood, easily worked (and easily dented), and doesn't blunt tools any more than poplar. It is easy to put a finish on it, being very tight grained, and doesn't really need grain filling. The biggest difference between aspen and poplar is that aspen normally isn't afflicted by the green/grey/purple mineral stain that you often see in poplar. It can split at the ends whilst drying, but that applies to many woods.
I think I know why it is believed to blunt tools quickly, it is because one of its constituents is salicin, which some people have interpreted/misread as silicon, but the two words are not related.
So, it should be good to build a complete guitar body for a light weight guitar