In windows drive management, when you create a new volume you have the choice of mounting that new volume to a drive letter, or you can mount it to a folder. So if you mount it to c:\Foo, then whenever you go to c:\Foo you will be actually accessing the new volume you just created.
My question is what are the consequences of assigning a volume to a folder, if any? Will it work fine just like a traditional drive letter? Are there any "gotchas" that I should know about?