hello,
Have a look at the mkramdisk command, to create a RAM filesystem. Basically the usage is the following :
mkramdisk 40000 (40000 512 bytes blocks, eg 40MB)
mkfs -V jfs /dev/ramdisk0
mkdir /ramdisk0 mount -V jfs -o nointegrity /dev/ramdisk0 /ramdisk0
If I remember correctly, note that in AIX 5.1 you are limited to 8 ramdisk of 2 GB max.
regards