You are correct Cat. In most cases, (particularly referring to the OP) with a fair helping of ram, you will not notice a difference, even if you disable the pagefile completely. With 16 gbs, there would certainly be no need to work the hard disk.
My favorite Laptop in my home has 4Gbs. Since Vista, I have always had the pagefile disabled. A short while ago, to answer a members question, I reenabled it for about a week. I could not discern any difference in my speed of operation.
However, having spouted all that, Microsoft themselves state the page file should, ideally, be 1.5 times the ram that you have. I have read random reports of computers crashing if you disable it completely, but I have not experienced that.
Many programs which request memory ask for more than they will need. WMP and other media streaming programs are notorious for this. The requested memory is often not used.
The problem then arises,if you have no pagefile,that this requested memory has to be fully allocated in RAM. So if your media program does suddenly need more RAM allocated to it.then your available ram is reduced to an unworkable limit. If, for example, you are playing a game and need to refer to another feature/program, then the demand on your computer may cause it to lock up or even BSOD,
I am not much into media at all, hence my (so far!!) success.