I run Windows 7 and have a small, 64GB SSD. The pagefile currently takes up 8 GB of space. Should eliminate or reduce the size of my pagefile?
Lifehacker says not to disable the pagefile for several reasons, including that disabling the pagefile does not increase speed and could lead to problems.
As we've seen, the only tangible benefit of disabling the pagefile is that restoring minimized applications you haven't used in a while is going to be faster. This comes at the price of not being able to actually use all your RAM for fear of your applications crashing and burning once you hit the limit, and experiencing a lot of weird system issues in certain applications.
The vast majority of users should never disable the pagefile or mess with the pagefile settings—just let Windows deal with the pagefile and use the available RAM for file caching, processes, and Superfetch.
Source: Lifehacker (http://lifehacker.com/5426041/understanding-the-windows-pagefile-and-why-you-shouldnt-disable-it)
Also check out "Pushing the Limits of Windows: Virtual Memory," by Mark Russinovich, if you want a comprehensive understanding of virtual memory and your pagefile. You can find the link at the end of the above-referenced Lifehacker article, or here: