Well, I don't know about the 640KB quote, but he did say that OS/2 (what was to become Warp 3) had Microsoft's full commitment. (cf "The OS/2 handbook"). At the time he said it, MS was already developing NT and had not the slightest intention of honoring that statement.
What I also remember is this: For the developers who paid for the advance copy of the "new OS/2" (about $3000, IIRC), MS sent out copies of NT 3.1. Under threat of lawsuit, they relented and refunded the advance payments. --Chuck