There is a story about Colin Chapman--the founder of Lotus sports and racing cars.
In the early years, just post-WWII, he was racing home-built cars in the local hillclimbs and junior-league track races. He decided that he wanted a particular gear ratio; and the only problem is that no one offered a ring and pinion in that combination.
He took a ring gear from one ratio, and a pinion gear from another ratio. Somehow got them jammed together in the differential. Filled the differential with liquid metal polish, and drove the car on the road for fifty miles. Disassembled the rear end, replaced all the bearings...filled it up with gear lube and went racing.
I don't know how he got the different ratio gears to mesh at all. This story was written in one of the older "history of Lotus" books, I'm guessing it's true.
By comparison, simply using non-matched gears of the same ratio pales by comparison.
Depending on WHERE the chip is, I'd run the chipped gear.