We used a chipper many years ago when we had a property that needed total clearing, but have not seen a chipper used when thinning. I agree that it seems such a waste of tops and such. On my thinned properties, I've been using a rubber track loader to pile and burn tops and unused stems just to get them out of the way so we could get a tractor spray rig in there to do a mid-rotation release spray to get rid of sweet gun and such. If you do chip, I suggest you spray to knock out sweet gum and such 'cause they come up in clusters from the ground stumps.