Thinking it might if I use it to dispose of waste. It should fall into the same category as dust extractors!
Anyway, I've never lived with one in a workshop, but I have a small one that would be ideal as a shed burner (hopefully, not a literal "shed" burner) that would be a handy way to get rid of wood waste as well as keeping my snot from freezing.
Anyone ever lived with one? Pros, cons? Stern advice to avoid or best thing eva?
We heated solely with wood my entire childhood. Things are better now than they were then - you need a heat shield around your stove if it's not in the center of a room (or should have one) and understanding of draft and a matching chimney run for the stove. Stovepipe is double walled standard here, and I'd imagine since we're less safety conscious in the states, it must be there.
The key to running a stone with little maintenance is to line the bottom of the stove or keep ashes in it (that's the old school way) in a deep enough layer to insulate the cast or steel, whatever it's made of, and burn the thing hot now and again to send high heat up through the flue and keep anything from building up.
Really old won't be airtight. Old (like 70s) will probably be airtight, but inefficient other than that and smokey and will line a chimney with creosote if not opened up for a hot burn once in a while. Newer stoves with secondary burn are a lot cleaner, but most of them have an element where secondary air comes in that gets consumed every couple of years by corrosion.
We used the type second in this group, one that would take 30" logs and burn for about 8 hours....
....and after we finally took it out and had the chimney cleaned, we set a fire in the fireplace that the stove was sitting in. The chimney sealed shut with wet creosote and the burning creosote came drilbbling down and the smoke had nowhere to go but into our house. Nearly burned the house down and took the fire department a couple of hours to solve and the flue cracked.
If you're burning dry clean wood in it and not shut down like we did, I doubt you'd ever have a problem. We had terra cotta for the flue and no second wall - that was a problem. If the flue cracks and you're doing normal burning, you get oddball things like smoke coming from places where you didn't expect it as it seeps out of the firebox and chimney into adjacent things. If you get a chimney fire, then the fire and intense heat seep out of the chimney.
The safety rules and setbacks here in the US (distance from wall, etc) are so safe that it would be very difficult to create a problem with a modern stove.