Hi reghakr,
A Dynamic drive contains dynamic volumes rather than partitions.
Simple Volume - composed of disk space from a single dynamic disk
Spanned Volume - uses disk space on more than one physical disk. Can be increased by extending it onto another dynamic disk
Striped Volume - stores data in stripes across two or more physical hard drives Increases speed, but if one fails - you lose the whole volume
Mirrored Volume - duplicates the data on two physical disks. If one fails the system switches to the other. Uses more space, obviously.
It's easy to covert a Basic disk to Dynamic - to go the other way , you best get a high quality partition manager.