Hanging Requests to Membase 1.7

I am finding that one of my environments tends to hang when attempting to get content regardless to if it's a membase or memcached type bucket. I have a default install and is a 2 node cluster. I'm not running out of memory or disk space and CPU looks fine. What I am experiencing is while doing a PERL socket connection to get a value from membase it successfully connects BUT just sits there waiting for the returned value. This should be instant, but isn't. During this time I can also go onto the membase server and telnet to my local 11211 port to try to do a simple get but still get the same hanging results.

My question is, has anyone experienced something like this before? I am leaning towards it being a physical memory issue, but did not want to go down that path until I checked here first.

Thanks
-Pat