I had one guinea pig jump a full 16" while trying to escape from a bath. But under normal circumstances he never jumped more than about 8".
Pine is fine if it's kiln-dried, but if you can't find that I've also heard that it's okay if you let it sit out & dry for... darn, I think it was a few days? Hopefully someone that remembers will be able to tell you how long to dry it out before using it. I've used it in a pinch before and it works okay, but the aspen is less poke-y and feels softer to the touch. I can only imagine that it feels better on tiny feet as well. Fleece would be another option that would save a ton of money over time, if you were considering the pine because of relative cost.
love,
mom