liquorvicar is right, you can technically do it but HTTP is a terrible way to upload files that large. The HTTP protocol is not designed to (A) dynamically vary packet size to accomplish optimum transfer speeds or (😎 resume transfers if they become stalled or terminated.
You should consider putting a Java applet on the page that works as an FTP client... or teaching your users to use FTP clients.
Upping the limit to 200MB will work in a pinch but it's not really a preferred solution.