No you shouldn't but I would set a static sized one of say 128-256 MB depending on what you have available. This will keep it from slowing down your system, but should avoid errors if a program does somehow require it. I posted the below in answer to another question hope it helps....
You don't want to use the swap file if you don't have to.
The swap file is used when you are out of RAM and need to write to the slower Harddisk.
If your not using it its because you have a healthy ammount of ram and shouldn't need it unless you open some very memory intensive programs.
Right click the "my computer" icon on your desktop and choose properties.
Look around and you will find a "role for this computer" it should have the options of home user, laptop and network server. Set this to Network server, it has nothing to do with the actuall role of the computer, just the memory useage, if you have more than 32mb you want to be a network server.
Also there is a place to set your swapfile settings here also. Choose to set your own settings, ignore windows warnings that you shouldnt do this. What you want to do is set the minimum and maximum the same number, this keeps the swap file one solid size, and it doesn't have to write to the FAT everytime it is used and resized.
If you have a small Hard disk 2-4gigs, set your swap file to 384mb, if you have a larger disk, or plenty of space, use 512mb or even 768 (if you have a large 20+gig disk and wont miss the space)
You can right click the recycle bin and set it to 1% instead fo 10% of the HD to get some space back.
Aother option you have is to overclock your CPU. raising the motherboard BUS will speed up the system more than increasing the multiplier, if this last line doesn't make any sense, find someone to help you do this that understands overclocking, or go read up on it at the many hardware web sites out there.