For those who are curious, no, cloning the dog will not clone it's memories.
However, the dog will grow up exactly the same as her previous dog, not only look wise, but personality wise. For example, if Loveless's dog likes to rub it's bum on the carpet, its clone will also do the same.
I think it's the aspect of being able to get your exact same dog, with the same personalities and trait, makes it appealing and wanted to be done by rich people.
Btw, not saying I would clone my pet if I ever had one, just throwing that piece of info out there to clarify some posts.
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