Kevin,
You are bang on. I checked in CS3 version. The RAM Cahce size in indeed 1.8 GB. Allow me to explain the issue I am facing which got me investigating all this. I had MAc Pro 2.8 Ghz 2008 model with 16 GB of RAM. I could easily do long enough RAM previews. Recently I upgrade my machine to 2009 2.26 nehalem model. Now Ram previews cannot go above 2-3 seconds on a average. When I enable multiprocessing, the background RAM and total RAM usage in CS4 does increase. But neither does the foreground RAM increase ( which I believe is responsible for longer RAM previews, correct me if I’m wrong) nor does the total RAM usage for AE goes above 5 GB at the most. This is why I was trying to look for an option to increase foreground RAM size.
Now from what I understand more the amount of RAM I have longer RAM previews I can get. But I can clearly see that is not the case here. I still have 7 GB of RAM idling when RAM preview starts trailing.