Does Nexus use a lot of memory?
No. Actual memory usage is mainly dependent on the current theme and how many objects you have open at the same time, as bitmaps need to be stored in memory. There is also a trade off between memory usage and performance, since some things need to be cached in memory to improve performance. You can, if you want, balance performance vs. memory usage yourself in the Advanced tab of Nexus Preferences by clicking on the Performance Settings button.