Yes.
Encrypt Windows 7 with Truecrypt

“Yes,” then Next.
Encrypt Windows 7 with Truecrypt

First option, then Next.
Encrypt Windows 7 with Truecrypt

It was, but we rectified this when we restored Windows boot program to the MBR. So, select “No.” Next.
Encrypt Windows 7 with Truecrypt

This is fine. What will happen is that after this process is completed, pressing the Esc key at Truecrypt’s boot menu will drop you to Fedora’s boot menu. Because Fedora is also encrypted, being able to bypass Truecrypt’s boot menu to get to it does not compromise the integrity of the system’s physical security Next.
Encrypt Windows 7 with Truecrypt

The default encryption algorithm is strong enough, but there are other options, if you feel otherwise. For this test system, I chose the default. Next.
Encrypt Windows 7 with Truecrypt

Pick a strong passphrase. Next.
Encrypt Windows 7 with Truecrypt

Follow the on-screen instructions, then Next.
Encrypt Windows 7 with Truecrypt

Next.
Encrypt Windows 7 with Truecrypt

Next.
Encrypt Windows 7 with Truecrypt

OK.
Encrypt Windows 7 with Truecrypt

Burn.
Encrypt Windows 7 with Truecrypt

Insert a blank CD-R in the optical drive, then click Next. After you’re done creating the Truecrypt Rescue Disk (TRD), you can transfer it to a USB stick, if you like that better.
Encrypt Windows 7 with Truecrypt

If the TRD is created successfully, click Next.
Encrypt Windows 7 with Truecrypt

For better encryption, choose a “Wipe Mode” from the dropdown menu. Next.
Encrypt Windows 7 with Truecrypt

Test.
Encrypt Windows 7 with Truecrypt

OK.
Encrypt Windows 7 with Truecrypt

If you’ve followed all the steps as specified, there should be no problem here. Encrypt.
Encrypt Windows 7 with Truecrypt

It took two hours for the encryption of my test system to complete. Note that the time it takes is a function of the size of the disk being encrypted, and the wipe mode you chose. The good thing here is that you can still be using the system while Truecrypt is completing the task. Otherwise, take a walk and come back after the estimated time to completion.
Encrypt Windows 7 with Truecrypt

Finish.
Encrypt Windows 7 with Truecrypt