First, they found single neurons which trigger memory, a far cry from containing the entire memory. Think of them as gateways to a house. A gate does not hold the house, but it does let you access the house.
Second, they didn't remove any neurons (from my brief skimming of the press release at MIT[1], I don't have time to read the paper now). There is almost a 100% chance that there is a large subset of neurons which will trigger the same memory. Which means this house has a lot of gates. Nothing is becoming "unreadable" here.
Third, this trick of using optogenetics to trigger a memory has been shown several times over already. Here it was reported by Boyden and Hausser in 2009 [2]. Presumably this piece is being reported because it was performed by Tonegawa's lab. Not discounting the research, there is likely a lot of advancement on the underlying science, the optogenetics (which are undoubtedly being borrowed from Boyden's lab across the street) and the understanding of mechanism...but it isn't new.
[1] http://www.mit.edu/newsoffice/2012/conjuring-memories-artifi...