I had a change of heart
After having the Memoryman for a few days, I decided this:
It is an amazing pedal, very 'warm' sounding (cliche' but true) and it makes you wanna play mellow new agey jazzy chords at slow tempos all day with the dreaminess it provides.
But I realized that at heart it is an analog delay/echo with vibrato/chorus blended in. The amount of delay it provides is very miniscule (300ms), and I decided it just isn't that flexible for the money.
I returned it and will be getting a Boss DD20 Gigadelay.

You can have up to 23 seconds of delay, it does sound on sound (make a loop and play live over it) among many other things.