Here are the screen-shots of what I have done so far using GParted.
Before editing the File system:
After editing the File System:
File system view from Windows 7 x64.
Now my question is ,should I install Ubuntu 12.04 in this partition or shrink the C: drive (sda1) to free up some space and install Ubuntu there ?
Is there any advantage of installing Ubuntu on a Primary drive or is there any disadvantage of installing Ubuntu on a Logical Drive ?