standtm,
I think there's some planted in the area I'll be retiring to, I may look into it as there appears to be some value.
http://www.wood-database.com/russian-olive/Perhaps, as it was noted there that it is used for knife scales, it might make decent handgun grips?
I have a friend who used to do bowls, I'll check with him as this one is beautiful:
http://www.edwardssmithfinewoodworking.com/bowls/turned-wooden-bowls-37.htmlIf you have some on your property you are trying to get rid of, you might look into "harvesting" some as a test run, it's pretty nice looking wood:
http://denverwoodslabs.com/russian-olive/Dried it should serve as firewood at least.
Geno