As I've recently completely filled up my two external hard drives, I'm in the market for a new one. I'm thinking about either getting a 1TB drive or two 500GB drives. The main ones I'm looking at are:
http://www.newegg.com/Product/Product.aspx...N82E16822204022
and
http://www.newegg.com/Product/Product.aspx...N82E16822136082

If anyone has experience with either, hearing about your experience would be great. Now on to my main question: What is the difference between NTFS and FAT32? My laptop's drive is NTFS, but my two current externals are both FAT32, and came that way. I'm just curious if one is better that the other.

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NTFS is the better file system, FAT is older and will work on more things, like pre-2000 windows. Basically, FAT will work on old systems, and has an easier time running on linux, but I'd probably go with NTFS in these modern times. (Linux support with ntfs-3g is pretty good now.)