Do this:
Run Task Manager. Click the Processes tab. Click View on the menu bar, then choose Select Columns...
Check off Peak Memory Usage and Virtual Memory Size and then click OK (or add other counters you might be interested in before clicking OK).
Now you can see just how much Virtual Memory (aka pagefile, swapfile, virtual memory subsystem, etc) Windows is asked to create by the programs. You might be surprised to see a program that requires only 10MB of RAM using 80MB of virtual memory - meaning it's chugging down the pagefile like an alcoholic on a binge.
For years people have complained, moaned, groaned, preached, and preached some more about how to best make use of the pagefile and RAM when using Windows. About the only thing that you can do really is:
Just leave it alone. Seriously.
You can tweak, tinker, and toy with it all you want - and sometimes people might actually do some test and get a real result, like say 2% differnence in performance. But really, it's not worth the hassle and worry.
Windows knows what it's doing when it comes to virtual memory and the pagefile. Save yourself (and everyone else) headaches. Install Windows, install your programs, and use them. Stop spending so much time tweaking the OS and spend more time actually using it.
Just my $.02 - but it's $.02 that comes from years of experience tweaking machines to perfection and finally coming to the realization that I missed years of actually using the computers because I spent more time worrying about performance.
How fast is fast? No one knows.
Paul
EDIT:
The only way to seriously affect the performance of virtual memory/paging operations would be to have two drives in a system. If you set a pagefile on the second drive - and this drive can't be on the same controller channel meaning the same IDE cable; SATA doesn't have this problem - you can boost performance considerably.
The OS, if for some reason needing to page out data from RAM to the hard drive, would be able to write to that second drive in the system while reading data from the first drive presumably. The times when this becomes a negative would be if you need to read and write from the second drive at the same time thereby cutting performance almost in half. If you can read from one drive while writing to another at the same time - the optimum configuration - performance skyrockets.
Obviously, the solution would be to have a pagefile (preferably a static one, same size minimum and maximum) on both hard drive - on every drive you have actually. And when I say "every drive" I mean every physical drive, not every partition. Big difference there.
Hope this helps.