I haven't read all the replies but here's my take: get as much RAM as you can get. Sure, having 1 window open at a time, you will never need more than 2GB.
But once you start multitasking, with a few big spreadsheets open (some of the ones I work with have TENS OF THOUSANDS of records on them and are quite large in file size), a couple of Safari windows, Skype, Mail, Photoshop, etc. things can really slow down a lot.
I have 16GB of RAM on my iMac (upgraded myself of course, not paying the silly Apple premium) and according to iStat a great deal of the time I have about 1GB or less free. Granted, on that machine I use 6GB to run a Windows 7 Virtual Machine as well, but still.
On my MBA so far, it looks like I usually hover between having 1 or 2GB of RAM free, but then again I haven't been crazy multitasking on it YET.
Now you gotta think about the future too. I bought my MBA to last me a couple of years, so as the next OS update comes out, or more intense apps, the extra gigs could come in handy.
That extra $100 or $200 spread out over the course of a 24 month lifespan (assuming you are only keeping it for 2 years) is just $4-$8/month. Not a big deal, dine in instead of eating out just ONCE per month and you have a snappier, more future proof system at no extra cost.
I agree with the 64GB SSD. That is really TIGHT. It should still be enough for casual users, but I don't see how someone with a large iTunes and iPhoto lib ray would make it. My iPhoto library ALONE is 37GB, which would be over half the HD space.
128GB is the bare minimum needed, IMO. Then again, if the Air is your secondary machine then you probably don't need your WHOLE iTunes library on it ALL the time (iTunes Match will come in handy there), and you probably don't need all your photos either, so it could work. 64GB of space is plenty for the OS, most basic apps, and some room left over for the media you just can't live without.