I built the island in my last house. The cabinet was flat panels of 3/4 cherry frames and cherry veneer mdf panels (the only true 1/4 I found). I made drawers of 1/2 Baltic birch plywood with all 4 corners dovetailed. I use an inexpensive half blind jig and once it and the router is set up, it takes no more time than any other joint. I've made glued and braded drawers, screwed together drawers, and pocket screwed drawers. They all work. But dovetails are recognized as better construction. And machine cut ones are easy. My shop drawers are a combination of dovetails and pocket screws. The first cabinet when I was in a hurry are pocket screwed drawers of 3/4 plywood. The other cabinet is dovetailed, mostly out of "scrap" 3/4 softwood from house projects. I like the dovetailed drawers better both because they are solid, old, wood but both types of drawers work fine.
I recommend cutting dovetails in plywood going in the reverse direction of normally router cutting. It minimizes splitting of the plywood.