subfolders in image folder

I've created several photogalleries and stored the images in the image
folder. I now want to create a subfolder of the image folder for each
photogallery.

Will FP2003 recalculate the links to the photos automatically if I create
the subfolders and then move the images into them?

Do I have to go back to each photo and resave it to the subfolder?

Yes, I know about JAlbum, but I'm not ready to change yet. TIA

--
judith