Attached Link: http://www.elementkjournals.com/ewn/9711/ewn97b1.htm

I am using Windows 2000 as well. I had the same decision to make when I brought my 60 GB a week ago, although this will be my Slave Drive I went with NTFS. My Master drive is Fat32. The real debate from what I gathered in reading is that using NTFS is not the best solution if it is going to be your Master Drive, since it proved difficult for some to get the system back up and running if there was hard drive or Windows problems requiring you to reboot etc. But this argument has now been thought of as false, it really depends on how you will use the drive. NTFS is a new file allocation system, it really was made to phase out FAT32. So by using NTFS you are thinking of the future. FAT32 is horrible when it comes to compression, and by using FAT32, you are using much more space then required if you used NTFS. But NTFS is not good if you compress the whole drive and need to write to it a lot, if you do need to Write to the drive a lot, then you do better compressing only certain folders not the whole drive. Anyway, here is a great link to the info. I hope this helped. I also have more links on this topic if you need them, that discuss more differences. I'll see if I can find the links.