Hartmut -
With regard to curing wood, I don't think there's any specific time before the wood is considered cured. What's happening is that the internal moisture content of the wood is higher when the tree is alive, and drops after it is milled. The wood is cured when the internal moisture reaches some manner of equilibrium with the environment. At that point, it's more stable dimensionally and less likely to be subject to shrinking or warping. In addition to being structurally preferrable, it should be tonally better at this point as well. Even though the moisture content is stable, there may still be chemical changes happening internally.
When you are producing commercial lumber to build a house, the wood spends time drying in a kiln, but I think think exotic woods are normally air dried. In a kiln, I believe the drying time for exotic woods is sort of on the order of a couple of months; to air dry it will be years. I believe that this will matter a lot more in an acoustic instrument (violin or acoustic guitar) than an electric instrument.
I'm not sure if it's the same rosewood or not, but the burl rosewood that's used on the 25th Anniversary basses is extremely amazing and would be impossible to get in any significant amounts anymore because of the CITES treaty that limits the traffic of non-renewable woods. I have a bass built with this wood (the Series II on Alembic's website page is mine), which I got because I had seen a NAMM bass made of the same stuff (it went to Germany, then was sold to Jason Newstead, I think). When the 25th Anniversary bass was designed, I believe they held the rest of that wood for that limited run of instruments. Alembic took my bass down to a couple of NAMM shows for the booth display, and Mica mentioned that Jimmy Johnson tried it out, but his wife wasn't too fond of the rainforests that had to be levelled to yield the burl rosewood and ebony.
I think wood can easily be damaged in storage. Too humid and it will lead to breakdown of the wood structure. Too dry and this can lead to structural problems, and might affect the instrument's tone as well. Of course, temperature would be a factor as well. But if the wood was finished in the past and kept in relatively stable and mild conditions, it's probably OK.
I'm interested in the technical aspects of wood, but have precious little hands-on experience, so please take these comments with a grain of salt.
David Fung