Personally I've always really liked ReiserFS. The collected storage of small files, the storage of the tails of files, the balanced tree structure, and the fast journaling gave better performance in reads, writes, boot time, and storage efficiency than most file systems. The focus on small files, which were and arguably still are most files on a typical system, was a big key to this. It made it ideal for storing thin…
I'm not sure btrfs is a sane replacement, though. It's exceedingly complex, and I try to avoid needless complexity where possible.