While the card is capable of accessing more memory Apple has capped it in OSX to 64 (80 total when you include the 16).
Can you actually provide ANY evidence that would indicate that this is true? And please don't refer to a MacWorld article where Mr Boger says this because I can also refer you to a MacWorld where Mr Jobs said we'd have 3GHz PowerMacs amongst other things. Please note that I'm not disputing that Mr Boger said what he did, I just dispute the accuracy of his statement… "today".
The following Apple tech note…
http://docs.info.apple.com/article.html?artnum=303718
… states…
"Mac OS X may make additional main memory available to the graphics processor for texture use beyond the base 80 MB amount mentioned above, depending on the application being used."
Now, that's pretty clear language to me. Also, the MacBook specs page does states…
"Minimum graphics memory usage is 80MB"
Why would they use the word "Minimum" if it were fixed at 80MB?
So unless you can provide any real documentation, and I do mean documentation rather than magazine articles or forums threads, that would support your statement and conflict with the provided Apple documentation I would strongly suggest you, and mhunter, stop spreading this BS.