I am working on an embedded application without any OS that needs the use of a File System. I've been over this many times with the people in the project and some agree with me that the system must make a proper shut down of the system whenever there is a power failure or else the file system might go crazy.
Some people say that it doesn't matter if you simply power off the system and let nature run its course, but I think that's one of the worst things to do, especially if you know this will bring you a problem and probably shorten your product's life span.
In the last paragraph I just assumed that it is a problem, but my question remains:
Does a power down have any effect on the file system?
For non-journalling filesystem unexpected turn-off can mean corruption of certain data including directory structure. This happens if there's unsaved data in the cache or if the FS is in the process of writing multi-block update and interruption happens when only some blocks are written.
Journalling addresses this problem mostly - if there's interruption in the middle, recovery routine or check-and-repair operation done by the FS (usually implicitly) brings the filesystem to consistent state. However this state is not always the latest - i.e. if there were some data in the memory cache, they can be lost even with journalling. This is because journalling saves you from corruption of the filesystem but doesn't do magic.
Write-through mode (no write caching) reduces possibility of the data loss but doesn't solve the problem completely, as journalling will work as a cache (for a very short time).
So unfortunately backup or data duplication are the main ways to prevent data loss.