You can definitely back up your data every night. It's got a built-in scheduler; you can pick and choose what days and what time every night you want it to back up. You can also point the backup to a network drive.
I also like to back up our CCM data every night, since changes are made on a daily basis. So, I have mine set to back up every night at 2:00 AM, and I point it to a shared drive on our backup data storage server. Also, with BARS you can save the last 2 (or however many you specify) backup files, which saved my behind during my last upgrade.
We also have a Veritas backup server, but it's not supported on CCM, otherwise I'd think they'd have me use it. I know with BARS, the only drawback that the other network guys see is that it's not a full image; in order to use BARS to restore, you have to rebuild the software starting with the OS image, then CCM, and then restore the database using BARS.
Also, this is a common misconception - and I've even heard this from TAC - that you can use BARS to backup your database, upgrade your server to a newer version, and restore the pre-upgrade, backed-up database to a newer version of CCM. That is the ultimate falsehood (I have tried this, gives you a database mismatch error). You can only use BARS to restore to the same version of CCM that you backed up your database in.
TMH
TMH