You are right of course, the energy has to go somewhere, but let's separate the different components you mention.
An object that winks into existence at rest above a point on the earth where the atmosphere just starts, (orbiting at the same speed as the earth's spin at that height), would fall straight down at an accelleration of G (a little less at that altitude initially). That potential energy can be dissipated through parachutes or wings as is done every day, and was done by Spaceship One.
The problem is to dissipate the orbital kinetic energy in a manner that limits the heat buildup. That means do it more slowly and avoiding the denser air while above a certain speed.
For the sake of visualization, let's also not consider something the size of the space shuttle, but a smaller scientific satellite, say a couple of hundred pounds, or an emergency capsule with one human in it.
Could that not conceivably be maneuvered at the edge of the atmosphere, dissipating kinetic energy just like the slower speed objects lower down, but at a low enough rate to avoid the burnup problem?
As to how to do it; wings, or body shape will always be optimized for certain speed or density ranges, which is probably impossible for these ranges. Even if one used the "skipping" stone concept, it would probably fail at a lower altitude when the speed is still very high, for any fixed shape; but what of a variable geometry or a combination of "parachute" and wings?
I'm suggesting that it is theoretically possible, but perhaps technically too difficult to control under conditions of little margin for error, but I'm not sure.
The whole idea to all this being?...to shed the weight of the heat tiles? To simply change the way for sake of change? Whatever though....
Could you imagine something happening to the speed descent that went wrong and you hear the astronaut's voice from mission control going, "I think it's gettin warm in here. Um...HELLLLLOOOOOOO! It's getting HOT in here!!! Um...HELLLLLLLLOOOOOOOOOOOOO? Did someone leave a light bulb going in this orbiter with moths inside?..I think I smell...God DAMN is it getting H....aeeiiiieieeieieieiei (last words. )
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