>Starting with 4 virtual cores and 8 GB vRAM, where the VM ran perfectly briskly with around 5 GB of memory used, I stepped down to 3 cores and 6 GB, to discover that memory usage fell to 3.9 GB and everything worked well. With just 2 cores and 4 GB of memory only 3.1 GB of that was used, and the VM continued to handle those lightweight tasks normally.

Good reminder that there's a certain amount of memory tied up with each core (probably mainly page cache and concurrency handling etc).