Hit me fast after a couple hits, I may have been a minute into the buzz before I realized it. Short term memory is certainly effected but not in the way I experienced previously. Time seems to slow down significantly in that my thoughts take less time than usual. I thought of The Doors of Perception by Aldous Huxley and understood what he had been explaining throughout the entire book. If you work over the short memory experience there's a lot of room for profound ideas.