In connection with the disc space problem of the binary logs, I found it was dead easy to put them on a different partition.
In /etc/mysql/my.cnf there is a line
log-bin
just change this to
log-bin = /newdirectory
Then just restart mysql.
You might want to purge the old logs first, by connecting to your database and running:
purge master logs to '.000001';
Just how simple is that!