I would also recommend to stay with ext3.
You could probably gain performance by using the dir_index option (read man tune2fs) and changing to "writeback" instead of the default "ordered" data mode, but you should read about it, because doing so will result not only in higher performance, but also in a higher risk of data loss if something goes wrong (somehow similar to reiserfs).
There are a lot of discussions going on for quite some time but still, there's no perfect answer. The decision depends on a lot of different things and can't be made by a few lines in a forum.
Reasons against reiserfs, xfs, jfs:
(Please note, that these are my personal reasons to stick to ext3. You may decide to choose them anyway and you might be right with that. All of them are good and reliable filesystems.)
reiserfs is a fast and reliable filesystem, but when it comes to system crashes/failures you can experience painful days of sorting good and bad data. Quite often you will find a lot of files that don't contain the data you expect...
xfs is fast, stable and scales well on good (and expensive) hardware - even if it has the tendency to eat more ram than any other fs i've tested by now. If you can afford to buy a large scsi/sata raid and some uninteruptable powersupply, you might get one of the best filesystems you can imagine. If you just want to keep some files on a few ide disks in a common pc/server you might want to keep backups, because xfs generelly doesn't like to get shut down without warning and you might loose some more data. Reason here seems to be that xfs likes to keep a lot more data in your systems ram than most other fs do and only tends to write out data if it has to (configurable.... so take a look and decide yourself).
jfs another fast and solid filesystem, but somewhat uncommon and therefor not so much experienced users around that can help you if something goes wrong. I never tried it myself, but i sure will - when i get around to it

So now my reasons for
ext3:well known, reliable, proven in many ways, fast(depends on your config) and probably the best supported fs on the market. Let's see how ext4 will evolve, but i see no reason to change from ext3 to any other fs by now.
Cheers,
boot