I was going to buy a chipper at Home depot, but the one I wanted was not in stock. Anyway, I ended up buying a 10HP patriot chipper and boy am I glad I did.
http://www.amazon.com/Patriot-Products-CSV-3100B-Stratton-Gas-Powered/dp/B002KHVKQY/ref=sr_1_2?ie=UTF8&qid=1366003945&sr=8-2&keywords=patriot+wood+chipper
It has a direct drive (NO BELTS!), attached to a 70lb flywheel. I primarily use the chipper part of the machine, and hardly ever use the shredder part. If the wood fits down down the tube, it will chip it. I used to think my last drops of fuel would be used with a chain saw, not anymore. My last drops of gas will be used on my chipper. I can replace my chain saw with a bow saw. Nothing could effectively replace my chipper.
A few years ago we harvested some large maple trees. Now they coppice out every year, and in two years I have perfect sized poles to run in the chipper. If the coppiced poles get larger than 3 1/2" in diameter, I cut them into 4' poles for my rocket stove.
Someday I will figure out how to run the chipper on wood gas, using what else, but chips of course. Yes I would strongly recommend a chipper, but invest in a good one like the Patriot.