Yes, with FDisk and Win95 OSR2 and Win9x and later OS's I believe FAT32 partitions could be created up to 127GB. With Win2K the FAT32 parition limit creation is 32GB (don't know why but it can read/access/mount the FAT32 basic disks created from aforementioned Win9x FDisk creations over 32GB up to 127GB). FAT16 for any Win9x and FDisk creation was limited to 2GB and for NT3.5, NT3.51 and NT4.0 you could create 4GB FAT16 partitions (by setting 64K cluster sizes) but these could not be created under FDisk for Win9x (such as win98se or winME) but could be made accessible/mounted by Win9x. I haven't played around with WinXP enough yet (since I don't believe in using M$ products before their second to fourth Service Pack). The Links are
here and
here.
So to recap (and I assume NTFS 5 is used on XP OS's so that restrictions for XP are the same as Win2K although I don't know for certain and I remember reading somewhere that XP NFTS version is probably a slight updated version of NTFS 5 for Win2K since it has a few more attributes you can set for files and folders mainly in the multimedia classification) :
Upper limit on parition size:
FAT16 = 2GB for Win3.11,Win95(all versions),Win98(all versions),WinME
FAT16 = 4GB (using 64K cluster sizes with 128 sectors per cluster) NT 3.5,NT3.51,NT4.0 (accessible to Win2K and WinXP and Win9x)
FAT32 = 127GB created by Fdisk with Win95 (OSR2 and upwards or WIN95b and Win95c),Win98(all versions),WinME (accessible/mounted for Win2K,WinXP)
FAT32 = 32GB created Win2K,WinXP (accessible to all WIN OS's that can read/create 127GB FAT32 partitions)
Supposedly (have not confirmed this) FAT16 = 8GB (128K clusters and 256 sectors per cluster) for NT4 only
Supposedly (have not confirmed this) FAT16 = 16GB (128K clusters and 512 sectors per cluster) for NT4 only
NTFS = 2EB (Exabytes or 2^60 bytes or 2 billion gigabytes I believe since it goes 1024 gigabytes=1 terabyte and 1024 terabytes = 1 petabyte and 1024petabytes = 1 exabyte)
I could be wrong on some of this but I think this is the correct information.