MemcacheDB periodically flushes its in-memory DB to disk, using BDb. That causes a global read/write lock for a looooong time. (This pauses BCC for 5 seconds at a time when it happens, and I only have 20 MB stored in memcachedb. To rectify this I'm moving to Redis as soon as I get a day free. Suffice it to say that if Bingo Card Creator taxes the architecture of your key/value store, you may not quite be ready for prime time.)
Yeah, that was a typo. Memcachedb just isn't fast enough. It used blocking IO when reading the disk, so if it is waiting on the disk for some data, none of the other requests can go through.