Agreed. IME the most common definition of "chops" is speed and/or other technical prowess that is well above average -- e.g. Jaco, Geddy -- rather than that necessary to execute rock/pop standards.
Paul McCartney is rightfully revered for his musicianship, but shouldn't be classified as a "chops" bassist (unless you want to stretch and say "creative chops"). And that's a good thing: "chops playing" would be inappropriate for Beatles tunes. My point isn't that McCartney's bass lines are simple (they're not), but only that they don't fall under "chops playing".
With that in mind: feel first, always. If there's no feel, then there's no point -- that is, if music is the goal, and not genital-flaunting.
Let's skip McCartney and go right to some kinds of punk rock, or 80s Dusty Hill (I guess you'd need the odd turnaround for that). There are some kinds of music where all you need to do, chops wise, is to hit quarter or eighth notes on the root with timing and assurance. You need feel to play that music, but it would distort any reasonable definition of "chops" to say that you needed chops. You could literally be having the guitar player explain to you, "play this string on this fret, then you play that string on that fret, until the roots of all of the song's four chords have been covered. If you play your four notes with the proper feel, the music will sound good.
Try to reverse that with chops, and you can't do it. There is no amount of chops that will make the music feel good if you've got no feel. It doesn't matter if you're playing bebop and you know every chord on earth.
Think about playing with a drummer. If the drummer has just the right timing to their kick and snare hits, you will want to keep coming back, even if their repertoire is confined by limited skills. They might not be the right drummer for a specific job, but you will want to come back and play with "feel" drummer. A drummer with no feel will give you a headache, period, no matter what their "chops" may be, sometimes even if they keep tolerable time.
