Why use NFS over AFP or SMB? The technique is basically the same but at least AFP and SMB are encrypted...
Various samba versions have been implicated in backups that are corrupt when when you go to read them. There are enough people successfully using samba now for time capsule that I suspect that issue is a thing of the past or restricted to certain NAS devices.
Time Machine is a big enough bandwidth user that I presume we are talking LAN, and for many people their LAN is secure enough.
Personally I don't much care for SMB... but I've implemented it as well for our Windows boxes to backup over.