CRC-32 is not good enough; it is trivial to build collisions, i.e. two files (of the same length if you wish it so) which have the same CRC-32. Even in the absence of a malicious attacker, collisions will happen randomly once you have about 65000 distinct files with the same length.
A hash function is designed to avoid collisions. With MD5 or SHA-1, you will not get random collisions. If your setup is security-related (i.e. there is someone, somewhere, who may actively try to create collisions), then you need a secure hash function. MD5 is not secure anymore (creating collisions with MD5 is easy) and SHA-1 is somewhat weak in that respect (no actual collisions were computed, but a method for creating one is known and, while expensive, it is much less expensive than what it ought to be). The usual recommendation is to use SHA-256 or SHA-512 (SHA-256 is enough for security; SHA-512 may be a tad faster on big, 64-bit systems, but file reading bandwidth will be more limitating than hashing speed).
Note: when using a cryptographic hash function, there is no need to store and compare the file lengths; the hash is sufficient to disambiguate files.
In a non-security setup (i.e. you only fear random collisions), then MD4 can be used. It is thoroughly "broken" as a cryptographic hash function, but it still is a very good checksum, and it is really fast (on some ARM-based platforms, it is even faster than CRC-32, for a much better resistance to random collisions). Basically, you should not use MD5: if you have security issues, then MD5 must not be used (it is broken; use SHA-256); and if you do not have security issues then MD4 is faster than MD5.