I don't think so.
I heard that random data corruption can occur when using a 4TB FAT32 paritition.
NoI want to buy an 2TB for my RGH360, there be no problem, right?
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thing is you apparently need MS Dash regardless to set up (format )your hdds protip though if you get the configure now option trying to format an ext drive do it but then remove the 360 system stuff via the format/storage menu in MSDash you'll get your full amount instead of 32GB for system storage
depends on if it's internal or external. you need to use partition fixer with an internal to get the xbox partition.