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I've seen similar symptoms in similar products. The polarity reversal and half-power issues point to a bridge rectifier with a bad diode. That the memory function doesn't work would be a downstream effect of the polarity reversal. If it was on my bench, first "tool" I'd point at it would be an oscilloscope, to verify what is likely to be half-wave output.The bridge rectifier is clearly shown in the next-to-last photo on that eBay listing. It's that four-diode cluster at the back of the top board.
Multimeters with diode check functions are a dime a dozen, tho'. All MRRs need one in the toolbox.
Oh, and I do have a multimeter, just not an oscilloscope