Some of the links on this forum allow SMF, at no cost to you, to earn a small commission when you click through and make a purchase. Let me know if you have any questions about this.
First off, welcome to the forums! When you have time, please go to the Roll Call Forum and introduce yourself...just tell the guys a little about you, and give them a chance to welcome you.
Now your question...This has been discussed in threads many times before. You could use the search window at the top of the page to read all about it if you're interested. Just type something along the lines of "soaking wood chips" and you'll find plenty. I actually just did that...here is a link to those results:
IMO soaking your wood...chips or chunks...is a waste of time. You are trying to get the wood to smolder and produce smoke as it undergoes slow combustion. The small amount of water that manages to soak into the wood must evaporate before this can occur.