Software RAID is great, and its disappointing that its generally gotten a bad rap compared to hardware RAID. The fact that you can lift a software RAID set from any dead machine, and plug the drives into ANY compatible version of the same operating system and get your data back is an enormous benefit in my opinion, in the home/small business market.
For small spindle counts, the CPU usage on a modern processor is quite low, and most low-end RAID chipsets implement the RAID logic in their driver anyways, so you don't gain much by using low-end RAID hardware.
This is, of course, not necessarily the case when you are using high end enterprise RAID gear with dedicated processors, battery-backed cache, etc, but for desktop users, software RAID is a big win in my opinion.
As always, just remember that RAID-1 is not the same as backing up your data (doesn't protect against file system corruption), and that in any RAID array, adding drives to the array means you are MORE likely to experience a failure than single drive setups (eg. a 2 drive RAID array is twice as likely to experience a drive failure, a 3 drive RAID array is 3 times as likely!)
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-Scott
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