The difference between FAT32 and NTFS

I have always wondered what's so different about NTFS file system. I mean, there is file encryption alright, but I don't really need it. It's unnecessary as I carry no sensitive data.

FAT32 is older, and thus has better backward compatibility, and thus I kept it for some time.
I finally found out the major difference - file size limit.

Oh yeah, you can have a 1000GB hard drive filled with files in FAT32 system.
However, there is one major limit. You CANNOT have a single file that is larger than 4GB.
I discovered this while *trying* to backup another hard drive and keep getting error in the same spot.

Right... so I point the backup to a NTFS drive and it worked.
Strange, right? But remember, FAT32 is more than 10 years old, and has limitations.
Unless you need backward compatibility, convert your drives to NTFS.