Is there any disadvantage to setting the maximum memory depth to maximum for normal everyday use?
No, when is it is preferable to reduce the chance of aliasing.
My SDS1104 shows a max mem depth of 14m while the default seems to be 140k. By setting the depth to max I don't want to affect other capabilities where memory is potentially needed, especially if the scope doesn't issue any timely warning messages. For example, no warning messages were apparent with the problem described below.
I was having a problem getting accurate frequency readings using the on screen measuring capability when measuring 250khz signals at a relatively slow, but required, sweep rate of 100ms. Setting the max mem depth to 14m seems to have cured the problem. The manual mentions this drawback as "Waveform Confusion" and is due to the number of sample points being to small to get an accurate waveform depiction. I guess that's a typical problem with digital scopes in general.
Exactly, settings that will promote aliasing.
All your settings are in the tabs and with experience you can see how settings can influence results.
Using Dot mode occasionally helps understand why it's always preferable to have the maximum data points selected.
Actually I believe the default mem depth setting is 14M unless that been changed in recent firmware.....something I'll check and report back about when we predelivery check the next unit.
About the only thing I reduce is FFT points to speed FFT sweeps/writes when I need faster results however engaging Max Hold can be just as beneficial in FFT mode.