Oops, sorry.. I've got SP2. So I know that Windows can support the
drive just fine, but I want to make sure that my BIOS limitations won't
hurt me.

I would think that Windows doesn't care that the BIOS only reports 137
GB, since it correctly detected the whole drive. But I'm not sure about
data loss or corruption in the future... I would think that BIOS is
irrelevant in this case?