I recently finished a dresser with removable changing table for our first kid (due in December)
Wood is cherry, all solid wood minus the divider between the shelves and drawers, and the bottom panel, which are both cherry ply, and the drawers are poplar.
The top is a board of figured cherry I found a while ago and saved for something to use.
Finish is Boiled Linseed oil, 2 coats of dewaxed shellac, then 3 coats of target em2000 waterborne varnish, with the topcoat having the cl100 additive for improved wear resistance.