KbmMemTable too slow

// Start of DFM --------------------------------------------------------------------------------------------------
object Form1: TForm1
  Left = 312
  Top = 103
  BorderIcons = [biSystemMenu]
  BorderStyle = bsSingle
  Caption = 'Form1'
  ClientHeight = 377
  ClientWidth = 505
  Color = clBtnFace
  Font.Charset = DEFAULT_CHARSET
  Font.Color = clWindowText
  Font.Height = -11
  Font.Name = 'MS Sans Serif'
  Font.Style = []
  OldCreateOrder = False
  PixelsPerInch = 96
  TextHeight = 13
  object Button1: TButton
    Left = 16
    Top = 16
    Width = 161
    Height = 25
    Caption = 'Test '#39'LoadFromDataSet'#39
    TabOrder = 0
    OnClick = Button1Click
  end
  object ListBox1: TListBox
    Left = 192
    Top = 16
    Width = 297
    Height = 345
    ItemHeight = 13
    TabOrder = 1
  end
end
// Start of PAS --------------------------------------------------------------------------------------------------
unit kbmst01;
 
interface
 
uses
  Windows, Messages, SysUtils, Classes, Graphics, Controls, Forms, Dialogs, StdCtrls,
  ADODB, DB, KbmMemTable, ActiveX;
 
type
  TForm1 = class(TForm)
    Button1: TButton;
    ListBox1: TListBox;
    procedure Button1Click(Sender: TObject);
  private
    procedure UpdateStatus(Value: String);
    { Private declarations }
  public
    { Public declarations }
  end;
 
var
  Form1: TForm1;
 
implementation
 
{$R *.DFM}
 
procedure TForm1.Button1Click(Sender: TObject);
var
	sQuery,
  sAlias: String;
  adoDataSet: TADODataSet;
  kbmMemTable: TkbmMemTable;
begin
 
	sQuery := 'SELECT * FROM DUMMY_TABLE';
 
  try
    CoInitialize(nil);
 
    adoDataSet := TADODataSet.Create(Self);
    adoDataSet.ConnectionString :=
    	'Provider=SQLOLEDB.1;' +
      'Integrated Security=SSPI;' +
      'Persist Security Info=False;' +
      'Initial Catalog=MASTER;' +
      'Data Source=localhost';
 
    UpdateStatus('PreQuery');
    adoDataSet.CursorType := ctOpenForwardOnly;
    adoDataSet.CommandText := sQuery;
    adoDataSet.Open;
    UpdateStatus('PostQuery');
 
    kbmMemTable := TkbmMemTable.Create(Self);
 
    UpdateStatus('PreLoad');
    kbmMemTable.LoadFromDataSet(adoDataSet, [mtcpoStructure]);
    UpdateStatus('PostLoad');
    UpdateStatus(Format('RecordCount (%d)', [kbmMemTable.RecordCount]));
 
    FreeAndNil(adoDataSet);
    FreeAndNil(kbmMemTable);
 
    CoUninitialize;
 
  except
  	on E:Exception do
    begin
    	CoUninitialize;
    	raise Exception.Create(E.Message);
    end;
  end;
end;
 
procedure TForm1.UpdateStatus(Value: String);
begin
	ListBox1.Items.BeginUpdate;
	ListBox1.Items.Add(Format('[%s] %s', [FormatDateTime('hh:mm:ss:zzz', Now), Value]));
  ListBox1.TopIndex := ListBox1.Items.Count - 1;
	ListBox1.Items.EndUpdate;
end;
 
end.
// Start of SQL --------------------------------------------------------------------------------------------------
SET NOCOUNT ON
 
IF EXISTS (SELECT 1 FROM SYSOBJECTS WHERE [NAME] = 'DUMMY_TABLE' AND TYPE = 'U')
	DROP TABLE DUMMY_TABLE
 
DECLARE @CREATE_TABLE VARCHAR(8000),
	@COUNTER INT
 
SET @CREATE_TABLE = 'CREATE TABLE DUMMY_TABLE (RECORD_ID INT,'
SET @COUNTER = 0
 
WHILE @COUNTER < 100
BEGIN
	SET @COUNTER = @COUNTER + 1
	SET @CREATE_TABLE = @CREATE_TABLE + 'FIELD' + CAST(@COUNTER AS VARCHAR) + ' VARCHAR(36) DEFAULT NEWID()'
	IF @COUNTER < 100
		SET @CREATE_TABLE = @CREATE_TABLE + ','
	ELSE
		SET @CREATE_TABLE = @CREATE_TABLE + ')'
END
 
EXEC(@CREATE_TABLE)
 
SET @COUNTER = 0
 
WHILE @COUNTER < 2000
BEGIN
	SET @COUNTER = @COUNTER + 1
	INSERT INTO DUMMY_TABLE (RECORD_ID) VALUES (@COUNTER)
END
 
SELECT * FROM DUMMY_TABLE
 
SET NOCOUNT OFF