A brand new Zing is going for around $399US right now and comes with MTC - so compatability isn't an issue. It will cut chipboard. As far as I know from what I've read on the Zing, it can cut thin balsa wood, so I don't think it would have a problem with chipboard. I have read also that it can cut grungeboard, but I can't find the blog I read that on. If you go the the MTC forum (run by the people who developed MTC) you can get a lot of info/recommendations for machines. They do like the Zing over there.