<< 2x is the best case if you have the space, since you have a decent amount of memory you could do 256M or 512M, I would do atleast 1x if you have the hard drive space. >>
Yea, with that much memory, you're not going to touch the swap often. Oh, and if it looks like linux suddenly takes up all of your phsycial RAM...don't wory this is normal. linux Caches recently used files in RAM to speed up access. If you need the space for a program, it will save them out to disk and then remove them from RAM.