Since I just recently went thru the same quandry, I'll share my experience/opinions.
1. If you have never built a computer before and don't have much experience resolving hardware-related issues or experience playing around in the BIOS, I wouldn't mess with RAID just yet. If you are saying "what's a BIOS?" right now, then I most definitley wouldn't mess with RAID. We all have to learn step-by-step. Not being a killjoy here, just telling you that setting up a RAID array isn't hard, but you do have to know the basics, or it won't work right or at all. This forum is probably the best educational tool out there and definitely IS the best FAQ/Help me place on the entire net.
2. I went from a single 7200 RPM IDE drive to a RAID 0 2-drive 7200 RPM array. In all Hard Drive Benchmarks, the RAID 0 Array simply obliterates the single drive setup. More than doubles the single-drives' score.
3. What about real-world use? How fast is it really? OK, here's what everyone wants to know before they go spend $300 on two new hard drives. Honestly, in the real-world that I use my pc for (mainly gaming, surfing, playing CD's, burning CD's and some photo-editing) it's noticeably faster than a single drive, but nothing earth-shattering.
4. The operating system loads faster. By about 2 seconds. Faster yes. Big deal? Not really. Levels of UT/Quake/DeusEx load faster. By about 2 seconds. Faster yes. Big deal? To me it is. I like speed. The faster it loads, the better.
5. You can't just slap any two drives in there and call it a day. The drives should be the same make, model, speed and size, in that order. If you can buy two drives at the same time, the better. You also need to setup the correct stripe size in the raid controller software as well ensure that you maintain that array. Defragging at least once a week is a must.
Conclusions
IDE RAID is faster than a single IDE drive, period. SCSI raid just freakin' flies, but is way out of my league ($$$$$$$$$ Big Bucks)
Whether or not you will see a noticeable performance increase by using RAID depends mostly on what you do w/the machine, and how "finely tuned" you are to your rig. I built my system from the ground up. I know exactly how many seconds it should take for most apps on my rig, if something goes wrong, I can "smell it" immediately. I notice every little performance decrease or increase, so I can see a performancee boost since making the switch.
For gaming only, the levels will load a little faster and that's about it. Game performance is related to your CPU/memory/Vidcard.
RAID means more hard drives = more money.
If your mobo already has a built-in raid controller, that's one less thing you have to buy. However, PCI card software raid controllers are cheap; no biggie.
I saw a difference. I'm glad I did it. For a first system though, stick with a good, single HD. (IBM 60GXP, Maxtor DM60+ series) you can always play with RAID later. Good luck with everything!