Hi Brian,
I'm afraid I can't answer your question because I'm not a turner -- I do know that basswood is the premier wood for many woodcarvers because of it's consistent straight grain and "carvability". I'm sure other members that are turners will chime in with an answer from their perspective.
We'd love to hear more about your interests, your shop, your experience and your projects. We are a sharing, positive bunch of woodworking lovers that live to see others stuff! So, be sure to click on Other Links on the Main Menu bar and request a Photo Gallery -- then check out the FAQ forum section on Photo Gallery to learn how to upload them -- Around here "no pics, it didn't happen!"
Rob