I have never tried it but this is what Wood Magazine says about it.....
Today, southern magnolia and cucumber, its cousin, represent a significant slice of the southeastern hardwood lumber industry. Marketed as magnolia, both woods find their way into the hands of knowing craftsmen.
Working properties:
Magnolia has hard, fine-textured, straight-grained wood that some people might mistake for maple. And, like maple, magnolia works easily with power tools. It also won't warp when thin-sawed, turns well, and steam bends.
Because magnolia resists splitting and glues exceptionally well, you'll have no trouble joining it. You can plane the wood to a smooth surface that requires little sanding. Due to its fine grain, you won't have to use filler before finishing with your choice of paint, stain, or clear coatings.
Sounds like a go to me. :icon_thum