You know, Ken, I waded through the jargon of your post and from what I
could make of it, it sounds like a reasonable account of what the
hippocampus may be doing. However you are going to limit your
interaction with other interested people if you stick to such obscure
and undefined terminology - it becomes such an effort to read that there
is little motivation to do so. It's a pity, since there seem to be some
sound ideas buried within. I would guess that this is the reason you
have had little success with publication.
As a rule, I always avoid defining new terms, preferring to limit my
explanations to those achievable using English and widely-understood
anatomical / physiological terms. Often it can be a good discipline.