Why not RAID-1? RAID-0 on a technology that is known to die relatively faster than HDD's seems risky. Plus, you should get a read speed boost from it too.
I have lots of backups in place - files I don't touch in more than a week get moved to S3, as well as Time Machine and a working clone of the drive made every week.
That being said, RAID 0 gives me more space and is faster for reads and writes (that are larger than the block size that is)! Risky indeed though. I touched up on this aspect at the end of the article, and also noted that this setup will only exist on my MBP for 9 mons or so, at which point I'll upgrade to some faster SSDs.