Has anyone? Sure. People have died from PVC compressed air lines blowing up. Have I seen it? No. But then I've never seen anyone soaked in gas and lit on fire either, and that doesn't mean I think it is safe to do just because I haven't seen it. There is a guy on the Ford Truck Enthusiasts site that said he has seen it happen. There were a couple guys there that knew of a PVC air line blowing, including one guy someone there knew who was killed.
PVC is not a suitable material for compressed air because is fails brittle and gets more brittle with time due to exposure to UV light and compressor oil. Other materials do not behave like this and are much better choices: copper, iron, PEX, Nylon are all materials that are far more ductile and will tend to leak rather than explode if they become damaged. Water and air are very different fluids as a gas (air) is compressible where as a liquid is essentially not. There is a lot more stored energy in 60 psi compressed air than there is in a water line with 60 psi on it. This is why PVC is OK for water lines, and it is also why compressed gas cylinders are tested with water (hydro tested) rather than with a gas.
Plenty of people out there are skeptical of this. It is always questioned when brought up with several of "I've used it for years with no issue" comments. Nobody can make someone believe it, and the allure of cheap and easy CA plumbing with PVC often crowds out listening to the dangers of this in those people's heads. That is what is nice about the tubing like PEX coming in to the market. It is a far more suitable material and is still very easy to handle, so hopefully more people go to that instead of PVC in the future. At least I hope so.