No. If using the 4GB image, it fills up the card. If using a larger SD card than image, then you can create new partitions at the end of the image very easily - I do that for swap partitions etc.
Principal Software Engineer at Raspberry Pi (Trading) Ltd.
Contrary to popular belief, humorous signatures are allowed. Here's an example...
"My grief counseller just died, luckily, he was so good, I didn't care."