Reading last messages in news and in forum one may think that OS/4 has a problem with memory more than 512M. It is not true. OS/4 "from a box" sees all available memory and may use it (but not memory above 4G) .
More over, OS/4 kernel works fine on some resent hardware where OS/2 kernel reboots at the beginning of boot (much earlier than PSD or BASEDEV is loaded).