@JoshRoss: What does that do? I just want to set up a daily backup like I did before in Windows 7, I'm just confused why it's so difficult to find that setting.
I did figure out why I couldn't pick my external drive as a target for File History. Apparently, you can't pick drives that have libraries on them. Even when I explicitly excluded the library that had a folder on G:, I still couldn't pick it. I had to remove the folder from the library before G: showed up in the list.
Excellent design there, MS.