Thanks Yakimushi.
Mephex: what do you think about Yakimushi's post? He, and others, say that XP can't create fat32 without Partition Magic, and you're saying you can. I went back into the manager, typed in 32gb instead, and it still said ntfs...
Thanks for your help all!
-Tim
--EDIT-- Whoops! Just went in and said 31gb instead of a full 32gb and I can now do Fat32.
So I just ran a 'quick format' on the partition and it opens up just fine now. I'll go ahead and try this on my buddies computer. I might just wind up grabbing his files then going back to a full ntfs partition. Care to give me a brief in-a-nutshell of the plusses and minuses of fat32 and ntfs? I'm using the drive mainly for high quality audio storage and general backing up use.
Thanks for everything guys. You were more help than any of the computer-specific forums I posted on

-T