Here's the answer I posted at the KHOU forum to your question:
I've been studying hurricane wind field size very closely over my nearly 3 decades forecasting hurricanes. In particular, I've performed intense studies of wind field size since 2005.
What I've observed is that just about all hurricanes grow in size as they become better-organized, but not necessarily as they intensify. For example, Wilma was the most intense hurricane on record in the Atlantic basin but it was also just about the smallest while it was in the Caribbean. Neither Katrina nor Ivan was anywhere close to a "midget" hurricane at any time. Same would go for Rita. All three hurricanes grew in size along a typical curve for the most part. Katrina's wind field wasn't large when it hit Florida because it was just organizing.
Hurricane wind radii (39, 58, 74 mph wind fields) typically do increase as a TC organizes, as I said. But there are reasons that a hurricane can increase significantly in size over a short period of time. From what I've observed, rapid growth in wind field size can occur when an already intense hurricane encounters an environment that results in a sudden reduction of surface winds. Again, think of Wilma. It was one of the smaller hurricanes observed in the Atlantic Basin while it was in the Caribbean near peak intensity. But when Wilma interacted with land over the NE Yucatan (and again across Florida) it grew to one of the largest hurricanes ever observed in the Atlantic basin.
Think about what happened. Wilma's circulation had a great deal of kinetic energy (energy of wind in motion). As the surface circulation was disrupted by low-level turbulence (land interaction), that kinetic energy was mostly conserved by an expansion of the wind field. We've sound many cases of significant wind field expansion due to land interaction. Katrina moved across Florida, remember? But Katrina's wind field expansion was aided greatly by an eyewall replacement cycle prior to landfall. Peak winds near the center dropped off and a larger outer ring of intense winds developed. This greatly increased Katrina's area of hurricane force winds prior to landfall. So even though Katrina was just a Cat 3 at landfall, it produced a very large storm surge and widespread damage. It was the size of Katrina's wind field that was mostly responsible for the large surge. Same with Rita as far as the surge.
A local weather company has developed a new hurricane scale as an improvement over Saffir-Simpson. You can see a graphic of Katrina's size and intensity growth at the beginning of the document (farthest right of the 3 images). Note how Katrina grew steadily in size from when it developed, though there were spurts of growth all along the way.
http://katrina.impactweather.com/hsi/hsi.pdfOh, and as for the other way around - monster to midget. I can't recall any instance of a large intense hurricane becoming a small intense hurricane.