
Don't buy any Blu Rays or DVD's from any publisher who denies me the ability to satiate my Netflix fix on the day the new movie is available for sale.
I will never buy a WB Blu Ray or DVD again. Period.
I'd choose the file system based on the system I plan to Host it on. If the host is Windows, I'd go with NTFS. If the Host is Linux, I'd go with EXT2. Regardless of the hosting system and the drive format, you want to make sure you can access the shared contents of the drive from your other systems on your home network. Using this approach, you won't need to worry about third-party drivers.
"This isn't brain surgery; it's just television." - David Letterman