
Very amateurish soldering...
Hmm. So, I was wrong. The only physical attachment to the memory controller is that the apparatus is attached, by double-stick tape, to the top.
The components involved are an IC (I'm not exactly sure what it is; it's glued to the crystal), a resistor, and a 60.0000MHz oscillator. Flipping the toggle apparently bypasses the 40MHz signal, and inserts a 60MHz timing signal at that "FN2" filter.
To what end though? Does the memory-controller use that signal? I have no idea what this accomplishes.

And then there's this, at the opposite corner of the mainboard. Another crystal, at 5MHz...