We’re still using VS Studio 2005 in a project for a customer (and I guess many others are as well) and frequently receives the out of memory exception while working. The solution is quite large, with a lot of files and many projects.
Many others also has encountered this problem, and these sources have a solution for it (I have not yet tried it myself):
The-strange-case-of-visual-studio-getting-quot-out-of-memory-quot
Jet BRAINS (Re-sharper) Out of memory fix
Hacking Visual Studio to Use More Than 2Gigabytes of Memory
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