Generally, the default ext4 format is the best choice. In specific cases, IFS or XFS may provide some advantages, and if the ability to resize dynamically is more important than performance or scalability, and you don't want to use logical volumes, ReiserFS (especially version 4) might be appropriate. Btrfs should not be used for critical data yet, but at some point soon it will become the preferred format. Non-Linux formats should not be used for the basic system.
