Thickening a chowder affects flavor. Adding starch tends to cloud the flavor of the clams. If you do it with potato, you can get shift the flavor balance even more.
Reduction is appealing, but tricky with dairy, and tends to drive off some of the clam flavor as well.
Preferences also vary regionally; there is no one true chowder.
With those things in mind, it seems to me that a recipe for chowder really has to be carefully constructed from the start with a specific end point in mind. If you didn't get there when you're done, you probably can't fix it at that point and preserve the best qualities of the chowder.
My preferences.
pervasive clam flavor
dairy richness
generous amount of clams
lighter on the vegetables
fairly dense
light salt--many chowders are overly salted--I find that lemon juice and hot sauce can bring up the flavors without the high salt.
There are some contradictory requirements. Dairy and density work against clam flavor for example.
The recipe I've been using for a dozen years or so at this point and remains my favorite works with a 51 oz can of clams. If I lived on a coast and had better access to fresh clams at reasonable prices, I'd do something different, I'm pretty sure.
The vegetables are simmered in the clam broth with a little wine, herbs and seasonings. This flavors melds the flavors well and is a quick enough cooking to preserve the character of the ingredients.
Meanwhile, I cook roux. When the vegetables are done, I mix in the roux. It becomes quite thick, like cookie dough almost. Now add the dairy-half and half is my preference to the desired thickness, Add the clams and heat until hot. No additional simmering or boiling. Correct with lemon juice and hot sauce to taste. Worcestershire is good too, but is usually sufficient from the earlier seasonings that includes it.
no bacon or salt pork. detracts from the clams and flavor balance. Sure, i've had some good chowders with it, but I tend to prefer clam chowder without it. For a corn chowder, give me bacon. My sisters did a drive up the west coast sampling chowders all the way. When I served them mine, they ranked it in the top 3 of what they had eaten. The first question they asked was if I used bacon or salt pork so it figured heavily in what they had eaten along the way.
The comment above about simmering a clam chowder for 2 hours just scares me. Dairy nor clam liquor/juice will take that abuse and keep good flavor and texture. And please, don't have the clams or vegies in there for that time!