/QUOTE The more RAM one has the less virtual memory one needs. /QUOTE
Not necessarily. Virtual memory is more than just a way to compensate for not having enough physical memory.
For example, if you were working on a large image, audio or video file, Windows would want to hold a copy of that file in its working set. Guess where this working set is normally kept? Virtual memory is used in preference to physical RAM because it is less affected by fragmentation.
There are other algorithms that virtual memory works on, such as whether a file has been used for a certain period of time or not, but the main idea is that you have a swap/pagefile (the 2 terms are fairly close these days) that is at least the same size as your physical RAM.
My preference is to make it twice the size of RAM, and to fix the minumum and maximum sizes. This prevents Windows from constantly checking and resizing the swapfile, but makes it more prone to fragmentation.
A fixed swapfile is much easier to defragment, however. You simply boot the machine in DOS mode and delete it. Because you've fixed the size, Windows will re-create it when you restart.
VCache settings make very little impact, IME, but I think I notice a slight improvement around 8096, so I tend to keep it there.
has some excellent articles on virtual memory and caching.
Hope this helps!