Holy Baader-Meinhof phenomenon. I ordered 8 GB of RAM for my HP laptop last night and spent well over two hours reading about this exact subject to see if I needed to install Windows 64-bit when it arrives. I think I even stumbled upon this same page. That being said, I still don't fully understand; Once I install the new RAM, will I only receive the benefits if I perform a new 64-bit install of Windows 7, or will up…
That is correct, the alternative is to use a ($1000+) Server edition, some of which do give access to >4GB in 32b.
If you put 8GB RAM in a laptop running a 32b non-server Windows, you'll simply see 4GB.
You may see very small improvements nonetheless due to dual-channel activating (when pairing identical sticks of RAM, the CPU is able to "talk" to both at the same time rather than one at a time, doubling bandwidth), but I rather doubt it. The gains are usually insignificant. And you won't get any gains from actually increasing the amount of RAM in the machine.