Go with XFS. It is upstream, received TONS of performance improvements
around 3.10-3.13 and is rock stable. Just install the newest kernel,
you can do that easily on Ubuntu 12.04 LTS
https://wiki.ubuntu.com/Kernel/LTSEnablementStack
I have XFS with 56TB of storage (total, across two servers).
nsm1 :: ~ » hwe-support-status
Your Hardware Enablement Stack (HWE) is supported until April 2017.
nsm1 :: ~ » df -h
Filesystem Size Used Avail Use% Mounted on
/dev/sda1 74G 17G 57G 23% / <- SSD in RAID1
/dev/sdb1 28T 27T 552G 99% /nsm <- XFS in hardware RAID5 12+1 disks
nsm1 :: ~ » mount
/dev/sda1 on / type xfs (rw,noatime)
/dev/sdb1 on /nsm type xfs (rw,noexec,nosuid,nodev,noatime,inode64)
nsm1 :: ~ » uname -a
Linux nsm1 3.13.0-49-generic #81~precise1-Ubuntu SMP Wed Mar 25
16:32:15 UTC 2015 x86_64 x86_64 x86_64 GNU/Linux