What if you lose a certain memory? Yes... I think, however, that it depends on what the memory was and it's significance to you, which ironically you cannot do, because you forgot it :lol:
What I mean is, not every memory is the same in terms of the impact it had in defining you as a person and what impact this can cause in the future. The memory could mean that future situations, be there moral or social et cetera, are approached and handled differently by yourself had you retained the memory. Again, this is dependent on the memory in question.
'Incorrect recall' can occur for many different reasons which can lead to different choices being made. One example is a couple having a child whom they obviously love but, as children do, brings a host of problems such as financial and time constraints, lack of sleep et cetera which nearly breaks them. But when the child is a little older, most of this fades from memory and hopefully, only positive memories are left. At this point the couple may choose to have another child only to realise once it was done that they hated it the first time round and this time, it may actually cause the relationship to break.
This is a very basic example, and is only about incorrect recall, not a forgotten memory, but the point is the same.
It is important to remember that, In my opinion at least, memories are what shape us and are a useful tool to protect ourselves and others. To know that we are nothing more than memories, one only need ponder the question "who am I?" and all the answers you can possibly come up with will be a memory of something you have done, or a situation you have been in...