Just pull down File Info for the Photoshop App and set the app to 32 bit mode.
PS will load faster, ACR will speed up magically, and OTHER apps will speed up too as memory gets available.
Just to be perfectly clear...this advice is bogus...
While it may have some relevance if you are running a laptop with minimal ram, if you are working with a 64 bit OS and have 4 or more gigs of ram, then running Photoshop as a 32bit app is gonna give up 10-15% in speed and bring your ram allocation to way below what you get with running Photoshop as a 64 bit app. Camera Raw run as a 32 bit app will be slower than running as a 64 bit app. Take that to the bank (as in directly from a Camera Raw engineer).
Truthfully, this is a really bad idea..sorry eronald but you are giving bad advice for the vast majority of users. Seriously, running Photoshop as a 64 bit app is a no brainer and will be faster on 64 bit OS's in literally almost all cases. If you are seeing this speed bump from 32 bit, there's something wrong with your system (which, BTW you fail to even mention).