What you're talking about is installing using wubi. That doesn't need any partitioning, and in fact I don't believe it can use it. You'll probably want to put the disk space back to Windows if you're wanting to do wubi. I've never used wubi myself, since I had gone single boot ubuntu since before it came out, but I've got some links for you:
http://wubi-installer.org/
http://wubi-installer.org/faq.php
http://ubuntuforums.org/forumdisplay.php?f=234
That last one is the wubi forum on Ubuntu Forums. They should be able to help if you have any issues.
If (or, hopefully when) you decide to install it to the hard drive proper, I'll be happy to help more. You should consider it, it is faster and safer. Plus, if you ever get malware in Windows, it can affect your wubi install to a degree.
Welcome to Ubuntu!
P.S. Another second shifter I see. I work at 1500 and am off around 2300. But then again, I have very little commute.
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