Is it possible to change the target of a symlink or junction in Windows? In Linux it can be modified with:
With Windows Link Shell Extension installed, you can right-click on the link in Windows Explorer and check the properties. There is a tab that allows you to change the link directly.
Sorry I can't say if this is possible without the extension installed as it is one of the first things I install after Windows.
The Windows command link tool
There are, however, Windows equivalents for Linux commands. ln.exe is one:
Just remove and recreate the link. That's all that -f does in Linux anyway.
Also, here's a cool Windows Link Shell Extension.