I have a qnap NAS. Good RAID support and iSCSI.
Got the 4 bay TS-410. Fine but not fast. 50 MB/s seq read, 15 MB/s seq write over CIFS. 25-30 MB/s over iSCSI (all benchies are 3+1 parity RAID 5). Also, response time can be slow if you've installed apps on it - e.g. The integrated torrent client can hog the extremely weak (phone grade) CPU and impair streaming performance (streaming video to a STB at 40 Mbps can be unstable while downloading).
There are faster models out, but the price starts going up quickly, and while the TS-410 is a bargain, you'll rapidly get to $1.5k fir the box as you start adding speed and/or drive bays.
For the cost of the 6 bay atom NAS, I worked out I could build a quad core xeon server with 4GB of ECC RAM, and server grade mobo for less. The only thing feature I wouldn't get would be hotswap bays, and setup would be more tricky. The qnap was a breeze to setup.
Also has rsync target for backups, though I don't use that. No ZFS or snapshots though.