A real drawback to pine is that it is a very soft wood. It is more than durable enough to use for framing houses and for external pieces, but it is often a poor choice for furniture. A kid banging a fork on a table, for example, can cause very noticeable and deep gashes in a pine kitchen table.
Still, there is a lot of pine furniture out there. If you go for something like a kitchen table that will be used frequently, plan to have it refinished if you want it around for a long time.