My first experience with XP on my own PC was when I used an Up-Grade CD of XP to make the jump from 98/SE to XP/Pro/SP1.
That was many years ago now and on a Quantum IDE drive.
I'm currently running dual Maxtor SATA2 drives with XP on one and Vista Ult. on the other.
Of course 98 was running on a FAT-32 formatted drive and XP accepted that without a whimper. NO Problemo!
I'm currently at XP/Pro/SP3 and still running quite happily with FAT-32.
In fact, many so called experts will testify that XP actually runs a bit faster on FAT-32 than on NTFS. I know that my own PC runs better than most of my customers who have NTFS formatted drives.
Since my upgrade to XP I've never once had any reason to regret not having an NTFS formatted drive. In fact, that would just make life more difficult for me, as I like to have access to my HD from a simple DOS boot disk.
I see no correlation between XP and NTFS as far as BSOD's are concerned.
Cheers Mate!
The Shadow
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A person with experience is never at the mercy of a person with an argument.