I would not use anything but NTFS. It's never given me a problem and seems to be
much less suceptible to damage do to improper shutdowns. They don't happen often
but they do occur.
I think my preference (bias?) comes from my OS/2 HPFS background which is the base
NTFS is built on.
The only time I've used FAT32 was when I was multi-booting OS/2, XP and Linux and
I set up one FAT32 partition to share data on.
I think this is one of those politics and religion things :-)