Your reasoning is excellent -- it's only your basic assumptions that are wrong. ...
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ID Status▼ Resolution Sev Product Comp Assignee▲ Reporter Summary
11805 CLOS FIXE cri Sisyphus fatresiz ptrnine sbolshakov fat partitios made by mkdosfs cannot be resized
7756 CLOS NOTA blo Sisyphus fatresiz ptrnine deonisy7 Bad: fatresize, ntfsresize

File a new bug in the "fatresize" component of the "Sisyphus" product