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what Al said.....I used to be a soaker, now dry chunks (not chips) if I'm not using the AMNS. I think, regardless of the unit used, chips/chunks need some monitoring and more added if needed.
I tried it both ways after I got my MES a couple of years ago. I couldn't tell much differnce. One thing I did start doing was useing some Royal Oak lump in the chip pan along with wood chips. Seemed to give a better smoke ring.
With wood chips they definitely will last longer wet (Damp)
I mix them with a little water in a bucket just so they are damp to the touch. You mite even use a spray bottle and mist a bottom layer put some more chips in and then mist again. then i mix.