As supplied there will always be a pagefile on C: It appears you missed the article that wrote that.
Most accept and set the page file to a small as possible size.
Remember there is NO SPEED TO BE GAINED HERE. This is WELL DISCUSSED so I won't duplicate much that has been written here.
My advice is to go with your last setting and move on to items that pay off.
I have a problem with XP pagefile. Im running XP SP3 with 4gb of ram. I have 2 hdd, the system disk is ATA, so I tried to put pagefile on newer and faster SATA disk. I managed to do so, but windows keeps the pagefile as well on my old system hdd. It cant be deleted, even if it shows in virtual mem.settings that it is not present on "C".
If I set it to 1gb on C, after start it creates 1gb pagefile on C.
If I set it to NO pagefile or 2-50mb on C, it always creates 3,7gb pagefile - very similar size as the pagefile on the new SATA drive.
I dont need the page file at all with this amount of ram, but I read in discussions that it may be necessary for some programs and stuff... So I just want it to be on the SATA drive, not on my system drive... Any suggestions??