I don't have the hard facts about Raptor SATA-150 versus newer SATA "2" or -300 drives in front of me -- not all the facts, anyway.
But consider this: The SUSTAINED throughput for a Raptor is about 72 MB/s -- by itself.
The sustained throughput for a Seagate "perpendicular" 7200.10 SATA2 drive is about 68 MB/s.
I have currently three RAID0 (2 drives each) arrays here at home in our networked systems. None of them has given me any trouble. One of them was put together in January, 2003, and the other two were created in summer, 2004. We keep them defragged and maintained; there has never been any trouble with them, and they've been running near continuously. But we recognize that there's no salvaging a RAID0 array if you lose just one hard disk.
To that end, our first RAID5 array was created on an older server machine to accept scheduled, automated backups of persistent and volatile data files. It's a three-drive array using an Highpoint PCI controller. Considering that we mostly access it through our gigabit network, it is amply fast, too.
Our latest RAID5 is on my workstation here, with four SATA2 Seagate 7200.10 drives (mentioned earlier). The buffered read benchmark is around 500 MB/sec. The linear read tests range from 120 MB/s to 220 MB/s, with random read tests showing 190 MB/s.
I'm using the 3Ware 9250SE 4-port PCI-E controller, which mysteriously outperforms an x8 Areca model though it's only x4. It has about 256 MB of DDR 533 memory buffer.
I had to pay for this performance -- about $320 for the controller, and about $80 each for the four drives -- with a fifth drive kept in storage in the event of failure.
These Seagates are 320 GB each, so the combined storage is 0.75 x 4 x 320, or around 9/10 of a terabyte.
I like it.