I don't think any of the zaurus models contain enough RAM for this to make any difference.
The scenarios listed in the article are all for 512MB+ RAM, while my little old C760 has a whopping 64MB.
In the case of the Z any RAM you use to make a RAM-drive for swap would just decrease the RAM available before swap needed to be used.
It might make sense if you had 1GB+ RAM, but with the RAM available on the Z I can't imagine anyway in which it would help.
On my desktop I have 512MB RAM with a 400MB swap partition, I've currently got firefox with 15 tabs open, thunderbird open and I'm compiling glibc caues I just updated my linux-headers. free -mt shows
total used free shared buffers cached
Mem: 503 487 15 0 134 224
-/+ buffers/cache: 129 374
Swap: 488 0 487
Total: 991 488 503
and /proc/meminfo tells me I'm using
SwapCached: 592 kB
Can't imagine how giving up RAM for faster Swap would benefit me.
Stu