Hi Sandy --

>
>In that we are constantly upgrading the contents of a certain method, I would like to save the contents of the this method in a memo field of a table.
>Any ideas on how to accomplish this would be greatly appreciated.
>

Method code is already stored in a memo in whatever metadata structure supports the object. For example, form method code (and code within form objects unless at class-level) is stored in a memo field called Methods in the file {formname}.SCX.

Manually, you could open up your new backup table with your method storage memo field and open the SCX file (or VCX) and simply use the REPLACE command to shift method code to the backup table.