A diode-pumped LPE-grown Yb:KYW planar waveguide laser is demonstrated in a microchip monolithic cavity configuration. Output powers as high as 148mW and thresholds as low as 40mW were demonstrated during continuous-wave operation. Pulses of 170ns duration with maximum pulse energy of 44nJ at a 722kHz repetition rate were generated when Q-switched using a semiconductor saturable absorber mirror