You don't need to Memoize fib_memo(), the memoisation is already built in! That's what the state variable %memo is for.
Once you remove that, the real performace shows up (This is for (1..100)):
c:\test>junk21
Benchmark: timing 10000 iterations of Memo, Normal...
Memo: 1 wallclock secs ( 0.64 usr + 0.00 sys = 0.64 CPU) @ 15
+649.45/s (n=10000)
Normal: 15 wallclock secs (14.98 usr + 0.01 sys = 14.99 CPU) @ 66
+7.07/s (n=10000)
The difference is all the clearer with my preferred cmpthese() (why do you use timethese()?):
c:\test>junk21
Rate Normal Memo
Normal 669/s -- -96%
Memo 15573/s 2229% --
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