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There are many benefits of meditation even on a static level, but for those who can master meditation, you have the "capacity" to have accellerated brain functionality just 1 quick thought away.
Imagine the benefits of having "Superhuman brain waves"? 
But like most things that have become commercialized on this planet, there are a lot of "Pot Holes" along the most commonly travelled roads.
I am hoping that my over 52 years of experience will help many of you not only avoid these potholes, but to also ascend to levels even higher than most people know about.
All you need is genuine Love in your heart.
Why Meditate?
Meditation has many scientifically proven benefits from better emotional control to better social skills to having a more co-ordinated and resolute mind-set.
You can see a list of scientific studies on "Meditation Benefits"
here.
If you are looking for a better memory or to increase new brain Cells, meditation + lithium + "Water Fasting" can definitely help most people. These have all been shown to stimulate "Brain NeuroGenesis"
.
When done properly, meditation increases blood flow to the brain and this can be measured using an "f-MRI"
(Functional Magnetic Resonance Imaging) machine. Some measurement put this increase at up to "9%"
. "Full Video" 
Interestingly, increasing blood flow to the brain changes the magnetic properties of the brain.
Meditation helps enlarge your brains "Posterior Cingulate Cortex"
which is an important part of your ability to focus and control extraneous thoughts.
Proper Controlled Meditation also helps reduce your brains "Amygdala"
which grows larger when you are stressed. 
Meditation Benefits
If you are interested in a greater list of dozens of "Meditation Benefits"
, I have listed many links on this link. 