Well, let's play devil's advocate, shall we?
1) Setup is not a pain if you RTFM. Really. If you want high tech with no effort, then RAID is probably not for you. If you can bring yourself to sit down and read a manual for 20 minutes before you play with your shiny new hardware, you'll be fine.
2) Failure possibility: first of all, the above comments apply only to RAID 0, not RAID 1. Second, the failure rate is very low on most modern drives. Yes, you double your failure rate, but that's still going to be pretty safe. Third, your data may or may not be difficult to backup. If you have 20GB of carefully selected MP3's to store, then no, you probably don't want to put it a RAID 0 array. If you only have a gig or two of personal stuff, then just back it up to a CD in the event of a failure - something which you should be doing anyway.
3) Performance: AFAIK, the *difference* (percentagewise) between a single drive and an array is no different between SCSI and IDE. SCSI, of course, is quite a bit faster to begin with, so it remains the "best" choice for performance, if you can pay for it. According to the benches I've run, my RAID array runs a bit slower than a single SCSI disk. But the cost is much less, especially considering the capacity. Getting 60-80GB of high-performance, non-RAID, SCSI capacity will cost well over $300, if not more. 2 IDE disks plus the extra bit for a controller is closer to $200, especially if you use an onboard solution. Is this difference noticeable? Most of the time, no. But you could say the same thing about buying an XP1900 over an XP1500, or a 24x burner over a 16x burner. Computer enthusiasts are not buying the bare minimum in any part of their systems.
Don't get me wrong - you may not want/need the extra performance, or care to learn how to configure the array. Fine. But I think Hender's characterization is a bit one-sided.