ram can't be exchanged with anything. it is definitely as vital as cpu-power, when not more. look at ps3 - bethesda claimed the problems with fallout and skyrim are because of the ram of the ps3 (please no discussion about this - they said and done).
you can circumvent less ram with heavy reloading of storage data (either from dvd or hdd) but this is expensive cpu-time which has to be extra done. having more ram means you can also load more data directly and don't have to "reload".








