Thanks for the fix, Ryan!
Now... Could we do something about Alex Ferrari's incessant self-promotional spam in the boards, please?

Dude... FUCK. OFF.

I actually found this very interesting but there should be an ethics statement or disclaimer at the top. It's definitely a biased viewpoint, and it's unethical not to fully disclose the author's involvement with Greenlight AT THE BEGINNING.

As far as backing up to RAID 0 goes, please understand this means you're doubling your chances of data loss because if one drive goes, you lose everything.
You might consider Editing on SSDs (one per project) and using Carbon Copy Cloner to back up to RAID 1 (say, automatically every 30 minutes). Over time this will save you lots of money (RAID 1 is way cheaper than 5, and you can format and reuse the SSDs when you finish a project), and will be faster for editing.
If money is no concern, RAID 5 is good (safe, good read speeds, not-so-good write speeds), and RAID 1+0 would be ideal (very fast and very safe).

Seriously. How is this allowed?

For that budget I'd get a Canon 24-70 2.8L II - OR - the Rokinon Cine DS T1.5 bundle. Depends on what/how you're shooting.