That certainly is enough memory (half or a fourth of that would have probably sufficed.)
I think it is OK to heavy load test it like that for a worst case scenario, but I think it is also very important to test it under more normal loads, and maybe even more so under light loads (when power saving features are most likely to kick in.)
For testing I like to run 2 or 3 GLXgears, open and close a few windows, brows the internet a bit, and copy some files to and from the network, plus let it set idle for several hours.
I'm not too up on the intricacies of setting up a Preem-RT pc. I've only just started messing with one install of it myself, and it isn't even finished. It will run the machine, but I still need to mount and button up all the boards and wiring to make it look neat. I did find that using isolcpus does seem to help latency on this machine