I saw it here a few days ago: http://httpd.chello.nl/~s.ferris/747.htm, you'd be better off with one big plasma screen instead of all those different screen I'd think.
You may as well format as the native file system to XP is NTFS, plus there are many advantages to using NTFS, firtly you can secure certain sections of your drive, and secondly it offers a performance increase. aMb