I've done lots of flooring and also some wood working with it. I like how it looks a lot.
Haven't had too much trouble with it on my tooling. Does put a bit of extra wear but not like eating through nails. Just don't use your best bits on it then use your tooling on another project without a quick honing on your router bits. It does tend to move around once cut so I always cut about 1/8 to 1/4 bigger and let sit a day or so and then I can joint it back to where I want it. Once cut put in position immediately (within reason) and keep clamped till done.
I use a polyurethane glue and have great results (ie Gorilla glue - don't forget to moisten the wood per instructions)
The dust is horrible, use a toxic dust respirator or you'll be blowing yellow dust out for a month! DAMHIK
As stated by Allen, pre-drill all holes.
I like working with it and the scraps burn hot as stinkers, smell horrible though. I would get some samples to play with first to see how it behaves before jumping into the main project. You can get leftovers usually from a flooring company. I use ipe for inlays and high wear areas on tables, counter tops, and thresholds.
Once last thing, on sanding. Sanding scratches from courser grits are sometimes hard to get out or see till it is finished. I usually wipe it down with mineral spirits lightly once or twice during sanding so I can make sure all the swirls from the RO sander are cleaned up.
I've found ipe in green to yellowish brown to almost black.
Oh, almost forgot, I've still got a red welt on my chest from shooting a piece with my RWS pellet gun (1000fps and wearing safety glasses!). Hardly a dent in the ipe, but sure was a dent in me!
would love to see your project when your done!
Brian