Note, if you're not careful, you can do serious damage to your frame or fork this way!
If your frame or fork is made of aluminum or carbon fiber, do not attempt to re-space it: these materials are not suitable for "cold setting."
If in doubt, try the magnet test: if a magnet won't stick to it, don't try to re-space it!
From:http://www.sheldonbrown.com/frame-spacing.html