Hello, Im a guy
and I would like to share my opinion. I think someone already mentioned that he might have been, (maybe still is) weighing his options...
He has been communicating with the other woman for a while, just met her in person not too long ago, correct? But then he met you, he liked you... but was already sort of invested in getting to know this other woman. The problem for him is she is far away, you live close, yet he probably doesnt know you as well as he does her. I think he is torn between two options not knowing what to do. Does he stick with the other woman who he probably knows more about and deal with the distance issue? or does he take a risk and opt for you OP? Then what if it doesnt work out seeing as you have never met in person? Then he would regret his decision.
He might also be thinking about the other womans feelings, she probably likes him and Im sure he doesnt want to hurt her... He may be kicking himself for not holding out just a little longer to find someone local. (you) It doesnt mean hes a bad guy, hes just trying to decide where the best future would be for him (especially if hes a commitment/relationship guy)
You did make the right decision in limiting your contact. You wouldnt want to wait around forever for him to make a decision. In that instance a guy should make up his mind quick and take the leap for one or the other. If he kept talking to and seeing both you and the other woman, at some point it would be considered in the realm of cheating....
So thats my theory from what I have read in this thread. That guy was probably racking his brain all week trying to decide what to do. Maybe he still is....