Buffalo Linkstation Pro Duo and Time Machine

I am thinking of buying the Buffalo Linkstation Pro Duo 1Tb as a backup for my work based Macs (2 Power Mac G5's). My main machine has 350Gb and a 150Gb drives, while my second one has a 150Gb drive. None of the drives are anywhere near full. For this reason, I think that I could even get away with backing up to 500Gb RAID (the Buffalo has 2x500Gb). Although as a backup drive, it may not be as important to have RAID.

Anyway.....I read a review about the Buffalo that said that it could only handle 128 characters for filenames including the directory structure. Will this matter with Time Machine?

I am also thinking of the same drive as a RAID for my home network to store photos and maybe as Time Machine backups of user folders. Again will a 128 character limitation be a problem if I simply store photos on the drive and do not use Time Machine?

Thanks,
Charlie