[ubuntu] Dual Boot Question - Ubuntu 12.04 & Windows XP

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http://ubuntuforums.org – Hello Group, I'm a long time follower of Ubuntu and FOSS :D. After trying out Ubuntu (WUBI included), I'm finally ready to dual boot (need to keep windows for work related programs). My hard drive has 2 partitions - C: (user files) & D: with Windows installed on D: (free space about 50 GB). Questions --> Can I resize the D: drive to allocate 30GB for Ubuntu (during Ubuntu installation itself) by changing/editing the disk space? Or should I use gparted or disk-keeper (in windows) to resize D: first before I begin installing? Would there be any risk to dual boot here due to the Win (Hardware)