So to put it simply with some proof:
GF4TI4200 128MB vs 64MB:
The only difference is default clocks, how far they o/c is 99% dependent upon the type of ns RAM used. 4.0ns is standard and gets to around 550mhz, 3.6ns can be found on both 128MB and 64MB cards and gets to 620mhz.
GF4TI4200 128MB: Default clocks of 250/444.
GF4TI4200 64MB: Default clocks of 250/500.
Both are still faster even at defaults than the GF3TI500 & full blown ATI Radeon8500. Both are identical in technology to the GF4TI4400/4600 the differences being; cost, shorter board (so fits more mobos), fewer layers, less power regulation and cheaper memory technology (TSOP rather than BGA), basicly nothing you would notice! Check out the links ...
Tech-Report
4200-64 has only a 1.5% advantage over 4200-128.
O/C 4200-64 to 275/550, reached 300/580 but a little unstable.
TomsHW
4200-64 (simulated 4200-128 with 4200-64 default clocks of 250/500) has a 6.5% advantage over 4200-128 (250/444) but bear in mind the simulated 4200-64 has 128MB.
O/C 4200-128 to 310/550.
AnAndTech
O/C Gainward4200-128 to 330/540.
FiringSquad
4200-64 has a 1% advantage.
O/C 4200-64 to 285/600 which was benchmarked and showed a nice increase except for Commanche4, it was still slower than the 4200-128 at default speed (250/444).
AnAndTech 4200 roundup
Roundup of 4200 cards and esp shows 128MB vs 64MB!
Shows a bunch of 4200 cards and how 64MB will become a limitation.
The FiringSquad example of Commanche4 showing the 4200-64 (o/c 285/600) slower than 4200-128 (def 250/444) could suggest the performance hit when a game requires more than 64MB. But also check out the last link which shows that 64MB cards will begin to lag behind 128MB cards, more likely sooner rather than later. According to FiringSquad regarding AA, 4200-64 is 8% faster at AA than the 4200-128, showing that RAM speed is more important than RAM amount for AA (unless RAM limit is reached).
Essentially it really comes down to the type of RAM implimented so forget fancy HSF and RAM HS. 4.0ns RAM o/c to about 550mhz, 3.6ns RAM o/c to about 620mhz (on all 4200 cards). This is regardless of whether the card has 64MB or 128MB, generally both come with 4.0ns RAM but this does vary from country to country. Be careful not to pay too much for the faster RAM, you may find the 4400 is within your reach and that would always be a better buy (unless the long design won't fit your mobo).
For 4200 cards (whether 64 or 128):
Core gets from 250 to between 280 - 320
5.0ns gets to 480mhz (never seen this used)
4.0ns gets to 550mhz
3.6ns gets to 620mhz
3.3ns gets to 620mhz