In slow motion: "Noooooo!!!" Don't use GVP FaaastPrep! It's only designed for hard drives from the '80s, and will ruin anything else! Use the latest version of HDToolbox to prep your drive. If you use SFS or PFS and have patched your OS you can create partitions as big as you want. But for the sake of "not having to bang your head against a wall figuring stuff out", make it 4GB makes it easy.
I usually do 1 partition of around 500MB for Workbench, one of 1-2GB for Work:, sometimes one for Documents, and one for games. Split it up, don't make just one big partition, and again - keeping it inside the first 4GB keeps it compatible.

Edit: You do have 3.9 though, so you should already have all the tools you need...