If your distro has grub, you can pass the "mem=512M" option at boot. Your menu.lst kernel line should look something like
Code:
kernel /boot/vmlinuz-2.6.** ro quiet splash mem=512M
EDIT: Turns out the mem= parameter is a kernel option, so you just have to figure out where to stick it so it's passed when the kernel boots. Sorry, not familiar with Uboot or embedded stuff...