OK, i got it to work!
WARNING: This will make your Computer WISH for MWLL on MAXIMUM Tripple Screen!
Put THIS:
QUOTE
@echo off
java -client -XX:+UseConcMarkSweepGC -XX:+DisableExplicitGC -XX:+UseAdaptiveGCBoundary -XX:MaxGCPauseMillis=500 -XX:-UseGCOverheadLimit -XX:SurvivorRatio=12 -Xnoclassgc -XX:UseSSE=3 -Xincgc -Xmx2048M -cp Minecraft.exe net.minecraft.LauncherFrame
exit

Into a .bat file that is IN THE SAME FOLDER as your MINECRAFT.EXE.
With this, you can play without running into the OUT OF MEMORY Error.
Unless you really DO run out of Memory. Seriously. I got MineCraft to use up all 8 Gigs of RAM in my Computer.
Gonna try my Laptop with the 16Gigs next!