Interested in the source for the "You physically don't have the brain cells for long term memories until around age 5" to go look at.
I have some recall of a few, vivid, subjective, first person, "umwelt"-style memories of events that I can date to before I was five.
These feel very different to my normal "episodic" memories.
Having spoken to my dad about the same subject before, he has some that he can place to about age 2 or 3.
I'm not arguing your point; granted, memory is reconstructive imaging from some engram and not a replay of some recording and I'm super convinced that our brains and mind go through several developmental stages that function quite differently.
I also find it super interesting that people with hyperthymesia usually have a perfect recall start date a bit after age 10.