To answer the original question, yes it is able to. No symlinking, mounting or binding is needed, the installer can do it itself. I just tried it today while playing with an x64 Kubuntu 12.04 LTS alternate on VirtualBox. My revised plan was to create 3 partitions on two separate disks.
/root - 8 GB sda/sda1
swap - 4 GB sda/sda2
/home (noatime and nodiratime set for speed) - 120 GiB sdb/sdb1
Using VirtualBox I gave 120 GiB dynamically expanding space for the partitions, then started the installation and went through the steps until I arrived to partitioning.
The steps I've taken during partitioning.
- I chose
Manual partitioning instead of guided.
SCSI1 (sda) disk 120 GiB
pri/log 120 GiB FREE SPACE
- Created a partition for
/root and another for
swap using the
Create new partition option
SCSI2 (sdb) disk 120 GiB
- Created a third partition for
/home using the
Create new partition option, then selected free space and let the partitioning tool use all available space.
During the creation of the third partition, I went to the
Mount point, there I hit ENTER again and chose,
Enter manually. Here I added the following, only separated by a comma
Mount option, here I set noatime and nodiratime.
I've tried the desktop installer version too, in this case the noatime and nodiratime options weren't available.
I wish to clarify, that this example was created this way for the sake of simplicity, to give a simple solution to simple question related to a complex topic. Please see it as a proof of concept, nothing more.
The VirtualBox dynamic disk allows for growth until the size limit is reached and I did not state that the fixed size disks will grow automatically. I did not plan to cover partition resizing in my post.
I've changed this post based on the discussion below to match the asker's question more adequately.