I see there are a few different options to dual boot such as the following:
Use Free Space
Shrink Current System
Replace Current Linux System
and I'm just not sure which one to do. I don't have Linux already installed on this computer, so I can't do the 3rd option, right? I have 500 GB's of free space available, so if I did the 1st option, would it use all of it? I'm thinking I should do Shrink Current System?
I want to dual boot Fedora 16 alongside my Windows 7, and give half the room to Fedora 16. (Would this be the best way?)
Thanks for any help, so excited to install!

---------- Post added at 10:21 AM ---------- Previous post was at 10:19 AM ----------
Also, this might be a noob question, but how is ram allocated with this process? It's all devoted to whichever OS I boot into, right?