I was able to successfully upgrade from ext2->ext3 on my 323. Here's what I did:
1) Have ffp 0.5 installed & configured with telnet access & the root account
2) Disable *all* ffp & startup scripts with the exception of telnetd.sh
3) Shutdown and take out the RIGHT drive
4) Run tune2fs against /dev/md0 & reboot
5) Run tune2fs against /dev/sdb2 (or whatever it is on your 323) & reboot
6) Verify your (test) data is intact and that the mount still works with RW privileges
7) If successful, you can shutdown and reinsert the RIGHT drive
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Depending on your settings, it will either auto rebuild or wait for you to activate the rebuild
Then wait for it to rebuild the array. There is no need to mess around with /etc/fstab.
The only real issue I noticed was when i deliberately forced a drive to fail (mdadm /dev/md0 --fail /dev/sda2) and checked it (mdadm --detail /dev/md0), it showed failed status as it should have. The GUI also showed degraded status. HOWEVER -- the drive lights remained blue and showed no visible sign of failure.
PS: don't try tune2fs againse /dev/root .. just a piece of advice
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