well been a PC tech for over 15+ years i've seen alot of things & out of all fromats FAT32 it the safest of them all NTFS can go F it self ya have more problems with that then any format for IBM formats & the NAS drive was the reason i lost it all well most as i did have alot on CD or DVD disks but everyone has their own ways thats all i'm saying
Actually NTFS is much better than FAT32 due to the journaling and other redundancies built into the format. FAT32 also has a size limitation imposed on the files and the number of files on the drive.
http://technet.microsoft.com/en-us/library/cc778410(v=WS.10).aspx
FAT32 is still used today on removable drives including those external 3TB drives, using special formatting methods, and those NAS devices, so keeping this in mind, FAT32 is really not as reliable as you think.
A UPS is the way to go.
This is only part of the equation. A UPS will protect from surges, voltage spikes, and sags, but doesn't protect against device failures. A hard drive mechancal or a new SSD will fail just like any other component in a computer. The mechanical drives will fail more often than a soldistate devices because of the mechanical nature, but SSDs and their relations are still to unstable. I'm not saying that they don't work, it's just the nature of how they are made. and for what market they are aimed at. If the consumer-level components were made to the same standards as enterprise and industrial standards, and in the sizes offered at those levels with the same prices as consumer-grade devices, then they would be a definite plus. The problem is the consumer-grade components do not have the longevity or quality found in the industrial or enterprise quality devices. The problem too is when these devices fail, they die very quickly and in an instant. There is very little chance of data recovery with these deviecs which is unlike a mechanical drive and the magnetic platters.
Having said this, the best thing is to keep in mind that all drives will fail no matter what, and backup the data regularly.
Over the 20-plus years of working in IT, I have seen many changes drive sizes, formats, interfaces, and quality. The hard drives today, to be honest, are made like garbage compared to the drives made even 15 years ago. so there's even more impetus to back up the data.
John