resize virtual disk

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http://forums.fedoraforum.org – I am playing with virtual hosts in Fedora 12, trying to install various versions of Windows, various distro of Linux, and some other OS. One problem is that I don't always know how much disk space is need for each of the OS. Some may change the disk usage after install, for example, online update for Windows. Is there any way to expand the virtual disk to a larger one without recreate the whole virtual host again on a larger virtual disk? Or if my initial estimate of the disk space is way too big, can I shrink the virtual disk to a smaller one too? Thanks! (HowTos)