Look, Mac OS will handle memory usage all by itself. Actually, the only limitation on how many programs can you use at the same time, is your CPU! I'm serious, memory management in OS Xin very good.
Now, as far as memory usage is concerned, you should know that as long as OS X finds available memory, it will allocate it entirely on all open programs, as long as it is unused. There is no reason to save memory, as long as you don't need it for another task!
Of course, If you open other programs that demand memory, the OS will draw unecessary memory allocated into other programs and will dynamically allocate it so that "every program is happy".
And one last thing, in OS X there is no memory that "is stuck". And also, no matter how many programs you open there is no way they will crash your computer because of memory lack. They may be extremely slow, they may close due to your computer's inability (although that has neverhappened to me) but they will never crash or destroy vital information in your hard disk.
PS. You must have used OS 9 for a VERY long time...