Hi Cristian,
It does not have to be nfs. The path just has to exist on both nodes. For example, if you specify "/sybase/memdumps/", be sure that directory exists on both. I've seen customers specify a path that only exists on one node and then the CSMD fails.
Also, we are going to start posting some Wait Event information on the ASE wiki space (there is a lot of other information there too):
SAP ASE Home - SAP ASE - SCN Wiki
Regards,
Mark
