Question : SQL 2008 Transaction log

We are running SQL 2008 SP1 and I have a database with a very large transaction log.  My question is if I changed the recovery mode to simple and delete the log file, would it auto create a new one when switched back to Full recovery mode?

I have already tried to do a backup/shrink and it tells me it can't because it has to keep a minimun size.  Not sure what else to do.

Thanks!

Answer : SQL 2008 Transaction log

yes, for 2008 your above mentioned steps will work

alter database dbName  set recovery simple
go

checkpoint
go

alter database dbName set recovery full
go