There are two basic shredding systems. One is the hammermill—a grinding chamber containing a rotating spindle with steel tines or hammers attached that repeatedly beats and tears materials into smaller and smaller pieces until they fall out through a bottom screen. Hammermills will flail almost anything to pieces without becoming dulled. Soft, green materials are beaten to shreds; hard, dry, brittle stuff is rapidly fractured into tiny chips. Changing the size of the discharge screen adjusts the size of the final product. By using very coarse screens, even soft, wet, stringy materials can be slowly fed through the grinding chamber without hopelessly tangling up in the hammers.
Like a coarse power planer in a wood shop, the other type of machine uses sharpened blades that slice thin chips from whatever is pushed into its maw. The chipper is designed to grind woody materials like small tree limbs, prunings, and berry canes. Proper functioning depends on having sharp blades. But edges easily become dulled and require maintenance. Care must be taken to avoid passing soil and small stones through a chipper. Soft, dry, brittle materials like leaves will be broken up but aren't processed as rapidly as in a hammermill. Chippers won't handle soft wet stuff.
When driven by low horsepower electric motors, both chippers and hammermills are light-duty machines. They may be a little shaky, standing on spindly legs or small platforms, so materials must be fed in gently. Most electric models cost between $300 and $400.
People with more than a postage-stamp yard who like dealing with machinery may want a gasoline-powered shredder/chipper. These are much more substantial machines that combine both a big hammermill shredder with a side-feeding chipper for limbs and branches. Flailing within a hammermill or chipping limbs of two or more inches in diameter focuses a great deal of force; between the engine noise and the deafening din as dry materials bang around the grinding chamber, ear protection is essential. So are safety goggles and heavy gloves. Even though the fan belt driving the spindle is shielded, I would not operate one without wearing tight-fitting clothes. When grinding dry materials, great clouds of dust may be given off. Some of these particles, like the dust from alfalfa or from dried-out spoiled (moldy) hay, can severely irritate lungs, eyes, throat and nasal passages. A face mask, or better, an army surplus gas mask with built-in goggles, may be in order. And you'll probably want to take a shower when finished.
Fitted with the right-size screen selected from the assortment supplied at purchase, something learned after a bit of experience, powerful hammermills are capable of pulverizing fairly large amounts of dry material in short order. But wet stuff is much slower to pass through and may take a much coarser screen to get out at all. Changing materials may mean changing screens and that takes a few minutes. Dry leaves seem to flow through as fast as they can be fed in. The side-feed auxiliary chippers incorporated into hammermills will make short work of smaller green tree limbs; but dry, hardened wood takes a lot longer. Feeding large hard branches too fast can tear up chipper blades and even break the ball-bearing housings holding the spindle. Here I speak from experience.
Though advertisements for these machines make them seem effortless and fast, shredders actually take considerable time, energy, skilled attention, constant concentration, and experience. When grinding one must attentively match the inflow to the rate of outflow because if the hopper is overfilled the tines become snarled and cease to work. For example, tangling easily can occur while rapidly feeding in thin brittle flakes of dry spoiled hay and then failing to slow down while a soft, wet flake is gradually reduced. To clear a snarled rotor without risking continued attachment of one's own arm, the motor must be killed before reaching into the hopper and untangling the tines. To clear badly clogged machines it may also be necessary to first remove and then replace the discharge screen, something that takes a few minutes.
There are significant differences in the quality of materials and workmanship that go into making these machines. They all look good when freshly painted; it is not always possible to know what you have bought until a season or two of heavy use has passed. One tried-and-true aid to choosing quality is to ask equipment rental businesses what brand their customers are not able to destroy. Another guide is to observe the brand of gasoline engine attached.
In my gardening career I've owned quite a few gas-powered rotary tillers and lawnmowers and one eight-horsepower shredder. In my experience there are two grades of small gasoline engines—"consumer" and the genuine "industrial." Like all consumer merchandise, consumer-grade engines are intended to be consumed. They have a design life of a few hundred hours and then are worn out. Most parts are made of soft, easily-machined aluminum, reinforced with small amounts of steel in vital places.
There are two genuinely superior American companies—Kohler and Wisconsin-that make very durable, long-lasting gas engines commonly found on small industrial equipment. With proper maintenance their machines are designed to endure thousands of hours of continuous use. I believe small gas engines made by Yamaha, Kawasaki, and especially Honda, are of equal or greater quality to anything made in America. I suggest you could do worse than to judge how long the maker expects their shredder/chipper to last by the motor it selects.
Gasoline-powered shredder/chippers cost from $700 to $1,300. Back in the early 1970s I wore one pretty well out in only one year of making fast compost for a half-acre Biodynamic French intensive market garden. When I amortized the cost of the machine into the value of both the compost and the vegetables I grew with the compost, and considered the amount of time I spent running the grinder against the extra energy it takes to turn ordinary slow compost heaps I decided I would be better off allowing my heaps to take more time to mature.