Then we have nate that should know better and he should be replacing that dangerous **** in his Dad's shop...
You CAN NOT use PVC/ABS for compressed air!
Even the manufacturers say NO!!!
What Torque1st said, in spades!!!
If you didn't see it, Lowe's has signs posted that PVC pipe is NOT suitable for compressed gas service. Neither is ABS. Both are thermoplastics which cannot withstand compressed gas pressure waves internally nor can they withstand external impact blows from hammers, tools, etc. They will shatter into sharp shards, i.e. shrapnel and cause serious injury.
I speak from experience. I am a mechanical engineer who has designed hundreds of garage, shop, industrial, piping systems. NEVER, NEVER, NEVER use plastic pipe for compressed gas systems!
Now for the practical differences between copper and black iron (steel) pipe. The steel pipe will corrode internally from the condensed moisture out of the compressed air. This will result in rust stains, flakes, etc. which will show up in your air, tools, paint, etc. Even if you use galvanized pipe you will still get corrosion (rust) because when you cut and thread the pipe you expose steel to the moisture in the compressed air.
Copper will not rust. Any of the three types of copper, K (green), L (blue) or M (red) is suitable for most home shop compressed air systems.
The copper will be easier to fabricate and support since you do not have to thread it.
When I design commercial or home compressed air systems I always specify copper pipe and fittings.
For a good resource on copper pipe and technical info; Google "Copper Developement Association and find their Copper Tube Handbook.
And to reiterate:
NEVER, NEVER, NEVER use CPVC, PVC and/or ABS plastic pipe for compressed gas piping systems!
Phil