Yes, there are many strategies, but the thing to consider and remember (which you seem to have done) is that RAID, in and of itself, is not a backup strategy - just a redundancy strategy.
My personal setup:
Current Images on local drive
All Images on RAID 1 NAS
All Images on RAID 5 NAS
Current Images on an external (eSATA) single drive
All Images on single drives, stored offsite
This gives me redundancy and multiple levels of backup (including offsite and including being not reliant on RAID controllers/devices/software).
To avoid the risk of the offsite drives staying "fresh" they are rotated back and forth - a little time consuming, but not horribly so.
This plan suits me - it won't suit everyone. It has some disadvantages (they all do) such as the time involved and making sure everything is synchronised, but it works and gives me comfort in the level of protection.
I don't see a need for super fast storage for backups - they're backups, after all.