The important thing is to pre cut the wood chunks to about fist sized pieces first, so they convert to charcoal at about the same rate as it's being consumed. You are basically converting to charcoal in the forge. First, let a nice bed of coals cherry out then add the woods chunks around the sides and back of the fire as you go.
The only disadvantage is it's harder to maintain a forge welding heat for extended periods of time, like when pattern welding. It works great for general forging and if you just need maybe one to three welding heats at a time.
Also keep in mind that different types of wood will burn differently.