I use one of those. Have a couple of shredders, one for chipping woody waste which use as a mulch under the shrubs and a rotating disc shredder for leafy waste which I compost together with household waste and shredded paper etc.
However there are certain things that you really need to burn such as rose prunings and and diseased plant matter and any weeds that have gone to seed so an incinerator is very handy. I use it 3 or 4 times a year. Will rust eventually but as long as you keep under cover when not in use will last for years. Agree an old oil drum would be OK but where do you get one of those these days?
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