Shortgrass, thanks for your honest answers. This "chunk"
was not cut out to be a stock blank. It was just something the guy had laying around(he is a cabinet/furniture maker) and told me to take it and see if it would work for me. I honestly didnt know anything other than it wasnt as nice as I had hoped, so that is why I posted the questions for the experts.
Like I said, I have no money in this and was just wondering if it was worth putting any into. Now I know thanks to you and Joel, and respect your knowledge.