As the title implies, I have drawn a rounded rectangle with a larger radius in Photoshop. Now I want to reduce its radius. Is this possible without deleting it?
AFAIK, there is no convenient way of changing corner radius in Photoshop after you’ve begun drawing a shape. This is one area where Fireworks is pretty nice, as you can simply click on the diamonds at each corner to change the radius.
However, one work around is to use an outer stroke. If the stroke is the same color as the shape, then it will create the illusion of rounded corners. The stroke thickness will be the corner radius, and you can change that at any time.