The default kernel is always the last (re)installed.
A terminal command tells you what kernel is active:
$ uname -r
2.6.38.8-pclos3.pae.bfs
And for an easy way to see your memory:
$ top -c
top - 21:38:44 up 1:03, 3 users, load average: 0.90, 0.42, 0.26
Tasks: 204 total, 1 running, 203 sleeping, 0 stopped, 0 zombie
Cpu(s): 1.8%us, 0.2%sy, 0.0%ni, 96.9%id, 1.0%wa, 0.0%hi, 0.0%si, 0.0%st
Mem: 4108180k total, 1857700k used, 2250480k free, 273240k buffers
Swap: 4192928k total, 0k used, 4192928k free, 753812k cached