There is a debate as to which is faster NTFS or FAT32. Everyone that I have chatted with on forums says that NTFS is faster better, more stable, and more secure. However, sites that test diffrent computer components and software say that FAT 32 is in fact faster. They do not talk about security and stability. For our purposes though it probably does not make a noticable difference. I believe that you will be happier with NTFS. That is what I run with Win2k and it is 99% more stable than Win98SE. I initially had problems with incompatible RAM then had a secondary controller problem that made my computer boot by itself. However, once I fixed those problems I never crash. I used to have to reboot Win98SE on average 25 times a day.
What you suggest should work.
What you suggest should work.