CloneGenius

CloneGenius is an advanced disaster recovery and backup solution for your PC. Wizards guide you through creating an exact copy - or backup image - of your hard drive. CloneGenius also makes it easy to copy everything from your hard drive to a new hard drive when you upgrade the hardware in your computer. CloneGenius supports shrink on restore for FAT, FAT32, and NTFS.

And, it's free!