Sensory information coming from the senses is detected and recorded automatically. All information in STM and LTM were initially gathered by the SR. Information is passed on by paying attention.
Through rehearsal passes information to the LTM. This is either maintenance rehearsal (repeating) or elaborative rehearsal (linking to information already in the LTM). Information is passed back from LTM with retrieval, and information can be lost via displacement (new info) or decay (lost over time).
No limit has been found. Information can be lost, but this doesn't seem to be because it is "out of room" the information may still be in LTM but not accessible.
There is low ecological validity, results collected in lab experiments may not be generalisable to other more naturalistic situations like school and work