Always glad to try!
So then we get down to how bold you want to be, perhaps? Safer is to put it in some tub, etc. and let it soak for some time to see what it does but then the quicker way is to just go with it and see if it works out okay.
I'm not one to wait too long for answers as I like to move ahead with getting a tank ready and the truth is that I often go with some things that have lots of questions as long as it doesn't involve me killing my fish. I have kind of fallen into trying things but watching for something going bad and that lets me do a lot of things but other times, I have to tear it pretty well down and start over.
But one piece of wood may or may not be a killer for the whole plan. If you have access to lots of manzanita, the safer plan is to not start with one which is suspect, but that has lots of personal choice built in, like how hard it is to get a different piece, how long do you want to wait, how bad you feel if you do find it goes soft too soon and has to be removed.
My personal situation is that I don't mind going for things that may not work after a year or so because I know I have a history of my tanks not being set and stable for very long! Since I know that I will probably not have the same setup for too many years, I don't mind trying a wood that may rot out in two years as it is likely to be gone before that!!
I've made so many mistakes, that I just go for it and don't worry if I have to do it over. BAD attitude but it does let me do a lot of things that I did not do when careful---like keep African cichlids that dig in a tank with plants! I was told I could not do that but after a load of mistakes, I got it working for what I wanted.