Move and Change Pagefile.sys size on Windows Server 2008

Apparently, the answer is "no."

bcdedit works for this on win 7 ultimate (must be run with UAC off or in a cmd prompt with administrative priv's):

bcdedit /set {current} bootstatuspolicy ignoreallfailures

To restore original settings:

bcdedit /set {default} bootstatuspolicy displayallfailures

Description:

Boot Configuration Data (BCD) files provide a store that is used to describe boot applications and boot application settings. The objects and elements in the store effectively replace Boot.ini.

BCDEdit is a command-line tool for managing BCD stores. It can be used for a variety of purposes, including creating new stores, modifying existing stores, adding boot menu options, and so on.

Sources & Further reading:

• Reference Sheet (most thorough reference @ 29 pages): BCDEDIT Reference (.doc)
• BCD FAQ: http://technet.microsoft.com/en-us/library/cc721886(WS.10).aspx#BKMK_bcdedit
• BCDEdit Command-Line Options (not as good as the .doc reference above): http://technet.microsoft.com/en-us/library/cc709667(WS.10).aspx

EDIT: Confirmed this tool is compatible with Server 2008 here