We've debated memory effect on the board before.

IMHO, *true* "memory effect" where frequently discharging to the same partial charge in modern Nicd/Nimh doesn't exist.
But, cells can suffer from crystallization on the electrodes, which results in a lower charge capacity, and can be resolved by a deep discharge. Hence, many people call it "memory effect". The difference is that it's not caused by repeated discharges to the same level, and doesn't require the pack to be drained every single time you use it, as true "memory effect" does.

So, discharge cutoffs at 1v (where the pack is pretty flat anyway) shouldn't be a problem if the pack gets the occasional deep cycle.

D.