You are strongly recommended to NOT store your calibre library on a NAS:
http://manual.calibre-ebook.com/faq....rked-drive-nas
On the other hand, using something like Microsoft SyncToy to mirror a copy onto your NAS is fine.
...
Yes, calibre requires its own internal copies of the files it stores. Using links is fragile, it depends on files that calibre doesn't control and cannot guarantee will continue to exist.

I know iTunes allows you to use links, and I have had to clean up peoples' messes when they cannot find their music because it was e.g. downloaded into their %TEMP% downloads folder and got automatically cleaned.