Memcache Still Relevant For Cs Cart V4.4.3 ?

In an older topic about memcache it was written that this might boost performance.

Hence I found a way to install / enable memcache on our Cpanel VPS so I am working on the server to take advantage of it if it indeed improves page loading times and overal performance.

PS the previous Nginx installer / plug for Cpanel I used did not prove to be as good or easy to handle as I thought it would be.