Thanks for the education; I stand corrected.
Interesting conversation. If you have ever heard the statement that " One is none, two is one, three is two." then you will be somewhat familiar with RAID.
Raid can also speed up the performance of a PC or Mac running PhotoShop, for a great online resource see digilloyd as previously stated.
As far as back up goes the above statement should apply, that and keep the back ups at separate locations.
Raid is a tool, that has proven very effective for digital photographers.