Ok, ok - these switches saved a pvp tournament on a netparty ^^
I'm running 8 Minecraft Server, Tekkit, Craftbukkit and Vanilla. My experience with such experiments are bad, for a stable server you only need the switch -Xmx (regardless if your at a netparty). Java 7 (1.7.x) optimize all for you, in the days of 1.4 this was different.