People have been making painted furniture for a long time. It ranges from gilded, lacquered, 'regal' furniture, to homely painted country furniture. Some feel that 'painted' means 'inferior'. I disagree. If I have to pick between press-board furniture with a thin veneer of hardwood on it, or solid wood furniture with paint on it, I'll take the real wood, thanks. When it comes to furniture that you're likely to find in an average person's home, painted pine is probably the most common painted furniture. There are other common finds, like 'princess suite' bedrooms which are painted white with faux gilding, and whatnot, but painted pine is probably the most common, in my opinion.
I like this furniture. I'm going to focus on making a few pieces in the near future. I'm not 100% decided whether I'll use poplar or pine, but I'll pick some wood up in the next few days and get going on at least something simple.