Short answer: No.
Longer answer: No version of Linux will yet see the array on RAID-0, but if you slap on another HD. Linux should be able to install there and go on its happy way.
FWIW: Mandrake 7.2 can see drives hung on the HPT370 right out of the box, but the whole RAID support is a combination hardware/software solution and there's not Linux drivers out there that can take advantage of it.
Dunno if Highpoint is working on any either.