VMFS 5 is not supported on vSphere 4. you will need to upgrade your Hosts and vCenter to vSphere 5 before you can use VMFS 5.
The thing that is baffling me is how you have managed to create a VM with a disksize greater that 1TB on a VMFS3 partition formated with a 4MB block size
Tom Howarth VCP / VCAP / vExpert
VMware Communities User Moderator
Blog: http://www.planetvm.net
Contributing author on VMware vSphere and Virtual Infrastructure Security: Securing ESX and the Virtual Environment
Contributing author on VCP VMware Certified Professional on VSphere 4 Study Guide: Exam VCP-410