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Perhaps change the ratio so that 6 wood gives 4 branches and 4 branches gives 2 chips. I made those numbers on the spot, but basically make the ratio lower rather than higher when starting with wood. This way, you still get a lot of chips, especially when you can get 30-ish wood per tree or more, but not so much that it makes wood gathering mostly irrelevant.
Another suggestion could be to give users a slider to decide what the ratios are for their needs. I honestly wish I knew how to fiddle with the mod for my private server to do this myself but I'm mod-creating-illiterate.
I wish I had some idea of how to make this happen. Since I don't my aim is to balance the mod to vanilla settings and then on those 4x+ servers they have more wood to break down into more wood chips (in theroy 4x times as much.)
Thanks for you coments, hope you enjoy the new update.