I made couple of pipes (experiments) using plaster. First was made with PoP, but i found that its kinda crumbly and when exposed to heat (and pipes burn kinda hot) gets powdery. I also have used high grade class IV plaster, its much harder, a bit heavier and more resistant to heat. You can see and read some of my experiences in these two threads:
http://pipesmagazine.com/forums/topic/gourd-experiment-no-2
http://pipesmagazine.com/forums/topic/second-pipe-i-made-a-gourd-calabash
Class IV is also not perfect, i'm currently working on a new compound. Hopefully, something better than that
Cheers, mate!