making a new FAT32 partition...?

Wed Sep 1 15:31:45 UTC 2004

hello,
i have 40 GB of unused, unpartitioned hard drive space.  how can i partition
it as FAT32 (or VFAT, which is better?) and format it?  i dual boot winxp
and FC2 and i ultimately want this partition to be my /home dir in FC2 and
also show up in winxp as my D: drive or something.

also, is there a better format that is both usable by linux and windows?  i
know linux can't write to NTFS very well, but can windows handle ext3 well?

thanks for the help.