Yep, there's a slab craze alright. It's crazy around here. I've been to a lot of sawmills, big and small, lately looking for stock wood. There's a lot of wood sitting outside degrading to the point of worthlessness. It's a shame. I've found some good walnut, maple, and cherry that's been dried and kept inside, I just can't find any with good figure in it.
I brought home some slabs of walnut and sugar maple recently. It's plain, no figure, kiln dried, and very clear and straight grained. It would still make some nice guns, or bows, I suppose. I used a chunk of the walnut for the end vise on my new workbench.