Very interesting topic. I would think there may be other possible scenarios as well. For instance the distance around the earth is almost 25000 miles. Now if a signal were to be passed all the way around the earth it would have to be reflected several times in an up and down zig zag fashion, thereby greatly increasing the distance the signal would have to travel. This could account for receiving yourself after you un-key. I have heard some echo on people on the HF bands which would tend to make me believe I am receiving the signal from more than one path. However this only accounts for a very slight delay, maybe up to 250 ms or so, not several seconds. I am sure there are other theory's out there too.
