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I use a Pentium IV 3 Ghz; 2 Ghz memory; XP; Photoshop CS. Only PS is running. Memory usage for PS is 90%.
With Focalblade I don't have any problem with big files but with Colorwash I get with files >150 Mb a popup that I don't have enough memory. What is going on?

Sorry, that problem will be fixed with the next version of ColorWasher. The current ColorWasher version doesn't process images in tiles like FocalBlade does.

At the moment you can only try different Photoshop Memory Usage Values. In your case try 75% or 50%. ColorWasher 1.02 should be able to process images up to 250 MB with an optimal Memory Usage value.