Win2K can still get updates, but it is on the "planned obsolescense" schedule. It doesn't get automatic updates as easily as WinXP, but you can download them.

As mentioned, the actual installation of Win2K isn't too large, but you need operating room too. With only 2GB in the system partition, it would make sense to move the temp files to another partition; but if you have room for two partitions it probably makes better sense to have just one and avoid having to "roll your own" setup. Win2K is perfectly happy with large partitions. Data files can be put in a folder in the single partition, if you want to separate them.

If you lose a hard drive, you usually lose all the partitions on it, so it makes better sense from a safety standpoint to have a separate drive and forget about partitioning. Most people who've moved fully to Win2K or WinXP don't bother with partitioning any drive, unless they want dual OS operation.

John