4 GB of memory can be had for $50. When I use a computer I usually use: browser + music, OR browser + emacs. I want my browser to be fast and responsive, and the memory isn't being used for anything else.
I also want my browser to be fast and responsive, but the current trend goes in the other direction. How on Earth can you occupy GBs of memory? How much time does it even take to download a gigabyte of data?
No, it's the internal representation of the markup, and the program state of all of the javascript programs a page might incorporate, that takes up a lot of memory.