General :: Fat32 Vs NTFS For Shared Partition

I dual boot, in the process of installing Windows 7 & Fedora 13 on a new drive. Back in the day when it was risky for the newbie to read/write NTFS, I created a "shared" FAT32 partition. Even though the later Fedoras could read/write NTFS fresh out of the box, I have kept the "shared" partition for my important files (email, documents, digital camera pics).

Now that I'm installing Win7 and Fedora 13 on a new hard drive and I'm partitioning my disk, I'm scratching my head trying to decide how I should format this partition. I was considering the FAT32 again, but I'd like 50GB, not just 32. At the same time, I'm thinking of making the size sacrifice because, and maybe this is just carryover from the olden days and groundless, I have an irrational worry about using NTFS for my most important files.Maybe someone could assuage my fears. Is it just as safe, at this point, for files to be on a NTFS partition and run under Fedora as they are under FAT32?