Maybe it has changed again, but in the past I gave it a try. When 16 GB was a lot. Then when 32 GB was a lot. I always thought "Not filling up the RAM anyway, might as well disable it!"

Yeah, no, Windows is not a fan. Like you get random "running out of memory" errors, even though with 16 GB I still had 3-4 GB free RAM available.

Some apps require the page file, same as crash dumps. So I just set it to a fixed value (like 32 GB min + max) on my 64 GB machine.