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That's the theory, but practice kills the theory.

Any battery, no matter of it's type lasts longer and holds more power if you charge it 100% after it's 100% discharged.

I'm owning shitloads of batteries of all types and my experience says that Lithium batteries suffers more from the memory effect than the NiMH batteries (ain't got Ni-Cd to test but the difference shouldn't be big at all).

Also Lithium batteries tend to cost much much more than NiMH and Ni-Cd. I seriously doubt the quality of the charger and battery you buy for $10.

Manufacturer does matter. Here's an example for my PSP:
$10 no-name 3600 mAh battery - lasts ~1 hour
$50 Sony 1200 mAh battery - lasts ~6 hours