Your main problem is that the filesystem in 3.1 can't handle partitions that large. Trying will bomb the thing - thats a guaranty.
You either need a newer version of File System (FFS) but I forget the version #. OR use an aftermarket file system. IIRC even using smaller partitions on a very large hard drive (above 4 Gb) can cause problems.
Hopefully some one else here can steer you to a thread on this topic. I can't seem to find it right now.
ASIM CDFS is an excellent CD driver package. Although I have heard of problems with v3.10 at times. Even my v3.10 has had problems, forcing me back to my v3.8 disk for a clean install.
Hope this helps a little...