Since 256 MB seems not to be enough for the hungry OS, I must live with a pagefile (virtual memory) bitting my disk
You can't really get rid of the swap file. It's more of a cache of unused memory than a crutch for a lack of memory, and Windows will do strange things without it.
256MB isn't that bad, though. If your system is really torturing your drive with swapping, you might need to ditch some background tasks that are really out of control. Norton Antivirus is the biggest background task I have on my system, taking up 11MB (well, MySQL takes up 25MB, too).
Just don't point your browser to
www.fails.org. Both IE and Mozilla will suck up 300+MB of memory trying to display that page. :-)
For best performance should I use FAT ?
FAT32 isn't much different in my tests than FAT16, but is more flexible.
Just defrag once a week or so.
Just so long as you use the 2K/XP defrag. The 98/Me defrag is a horrible waste of time. :-)
You'll soon end up with a dead flash card. IIRC flash memory can only handle a certain number of reads/writes before it burns out, a windows swap file will probably reach that limit reasonably quickly.
Most modern flash cards page the memory so all addresses are evenly used. You won't have 100,000 writes at address 0 and 5 writes at the end of the card.
Seeing how the swap file is never 100% full (or even 10% full), I doubt this would kill a flash card. As to WHY you'd put a page file on a sluggish flash card...
Yes, of course, for boot and data partitions, use NTFS, no doubt about it.
I use NTFS on my main drive and FAT32 on my backup. My system almost never hits the drive, so I don't worry about performance tuning.
RAM SWAP
A cool idea only if you put a tiny primary swap in a RAM disk, and a secondary large swap on the drive. Photoshop seems to like that, since it touches its proprietary swap file every time you click the mouse (which is REALLY annoying if you're doing pixel art for webpages!)