The FP-20xx series modules have 8 Megabytes of User RAM. This RAM is used both for the User program and any data for the user program.
In your VI, if the loop executes 10,000 times, you will generate three 10,000 element arrays of a cluster containing two U32's (8 bytes) and nine singles (32 bytes). That is 1.2 Megabytes not including the overhead for the cluster information. This also does not include the additional data when you create a new cluster that includes all of the old cluster's data.
Regards,
Aaron