Which config. will be best. 1 instance & two schemas. Two instances

I have a database with 8GB memory and 4 750GHz processors.
1. One instance and two schemas (one production and one test, both are identical).
2. Two instances with one schema each.(One Production and one test. both are identical).
A 4GB SGA will be enough for production environment if that instance is stand alone. (approximately 100/120 users).
Test env. doesn't need that much SGA and may have only 10 users maximum.
Please tell me some advantages and disadvantages of both.
Will Oracle grab more memory from the system beyond SGA when there are more users connected to the database?
Thanks,
Paul

In your case, I would recommend 2 seperate instances for production and test (actually I would recommend seperate machines, but that is a $ issue). I would recommend this, because it will allow you to create both shemas identically, making test and migration simple. In addition, an OOPS won't affect your production instance. Connected user definatly use memory outside the SGA (connection overhead, sort_area_size UGA/PGA etc).

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