Zend certified PHP/Magento developer

Max size VHD on exFat-drive?

I have an exFat drive (LaCie Fuel) that is 2 TB. I try to create a VHD using Computer Management in Windows 7 that needs to be 127 GB but it fails with an error about file is too big. Both VHD and exFat supports files that are significantly bigger than so. What is the problem? Any workarounds?