The market is too urban and too divided. It would be no different than had a Jack signed on here. On and gone in a year. In some markets Movin' is a great idea. I just believe that Memphis is far too fragmented to support it. The black population would never go near it, and the whites would find it too rhythmic. Why do you think Mainstream CHR never works here? Same deal.
Besides, it would be Movin 94.1 long before 99.7. That would be a great compliment to the cluster, IMHO.
But then again, does 92.9 have anything to lose at this point? Maybe it's them.