Well the two linked articles basically rehash the simplistic view about resolution and bit depth, which is nothing new. I still respectfully disagree and think they simply aren't aware of the other benefits.
No explaination has been provided for the performance difference either. As already mentioned, cards "slow" at large image editing are sufficient to display >= 30FPS video playback, the memory bandwidth is clearly adequate for the screen resolution, but NOT for the image editing. This in itself clearly demonstrates (regardless of the reason) that more memory does help.
If it will satisfy some of you (and if I end up getting motivated enough to find it) I have an old Matrox G200 card somewhere that has a memory add-on card. I can keep entire system and video card, driver, etc, exactly the same and simply power down and pull out the memory card to change the amount of video memory used.... now if I can just find the thing, been a long time since I've seen it but it's around here somewhere.