Depends on what kind of cypress it is.
If we're talking USA cypress, that wood is ... difficult to use for a solid body guitar. Its prone to cracking, not all that hard, very coarse. Its more like a version of cedar than anything. Its also tends to be an allergen when working it.
When I worked cypress from logs, back in the day, especially on the big resaw, we'd get water spraying all over the place from the logs. It holds water like crazy, then when it does dry, it splits. It also gave me an INSTANT migraine. We'd be doing cypress and I'd just dread it. I did the work, but suffered through it - this was the days before Advil.