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A 32 bit OS can address 2^32 bit memory location, which is approximately 3.3 GB. So in a 32 bit OS you cannot go beyond 3.25 GB. Use any 64 bit OS to access full 4 GB memory.
And regarding Video memory, you will get full of the Video memory available to the card, in your case 1 GB.
And regarding Video memory, you will get full of the Video memory available to the card, in your case 1 GB.