Memphis is a ton of fun. Like any wrestling style, it is not for everyone. But if you like good storylines, action very much ahead of its time, and probably the best studio wrestling TV show of all time, you should check it out.
October 1985 - April 1986 is an awesome run with Lawler, Dundee, Koko Ware, Dutch Mantel, Buddy Landel, Fantastics......
But it isn't always the best idea to start with the best. Maybe check out the 8/25/77 Lawler vs Dundee hair match, the 6/6/83 Lawler vs Dundee Loser Leaves Town match (and studio build up show which is fantastic) and then pick and choose before you get to late 1985.