If you are interested in upgrading from the basic storage configuration there are some things to take into account:
First, what is the difference? Basically, Dynamic storage allows you to have volumes that span disks. If this seems like something that you need to do, you might want to upgrade.
Secondly, what are the limits if you decide to upgrade? A couple of things. First, you will need to keep some Basic Storage if you want to access these files from other Operating Systems. Windows 2000 is the only OS that reads this storage type.
Another limit is that laptops do not support Dynamic Storage (as you wouldn't span disks from a laptop anyway).
If you decide that you want to upgrade, here is how you do it:
1. Go into Control Panel and select Administrative Tools.
2. Select Computer Management.
3. When you get into the Computer Management MMC, select Disk Management from the left side of the screen. This will bring up a tool that will look familiar to you old NT administrators.
4. Here, you right click the disk that you want to upgrade and step through all of the warnings.
5. You will have to reboot, but when you come back up and go into Disk Management, you will see that you now have a Dynamic Disk.
I hope this helps you out, if you have an administrative tip that you think would help others out, drop me a line and I'll publish it for you.