When running a 32-Bit application on a 64-Bit OS is the application still limited in the amount of memory it is able to address? E.g is a 32-Bit game able to make use of or benefit from more than 4GB of RAM if the system has, say, 8 gigs?
Games are just an example. The question relates to any program really.
No, because 32 bit programs are built with 32 bit compilers, and are therefore limited to using integers with a maximum of 32 bits. The largest number you can store in 32 bits is 4,294,967,295. Consequently there is no way of pointing to an memory address beyond the 4 MB limit.