NTFS is better for dozens of reasons, including far better stability, much better effeciency i.e. less disk space is used up in the filesystem, security - file level security, permissions, encryption
The only reason to use FAT32 is for backwards compatability with older OSs e.g. Win98 or DOS.
Intel core I7 920
6GB OCZ platinum 1600
Samsung 1TB F1 Spinpoint
Samsung SM2443BW 24"