ConservativeSwapFile=1 is only valid for 9x systems.
Win2K already manages memory well enough, so don't worry about it. K?
I have 384 megs now in W2K and wow it runs Real sweet... Makes Very good use of memory.
I just set my Pagefile min to 100megs and it Never asks for more than that. (funny though, that it complains if I have less than that though.. according to asus prob, it keeps about 85megs paged, which is fine.
I play Deus Ex and it hardly Ever hits the hard drive.. just a few small hits when I zone.
SO, if you're running W2k, just cram more mem in it and let it ride.

I'm going to crank this pup up to 768