For personal use i'd stay with the single 30Gig drive, and then use a 2nd removable drive for backup. Once everything is setup, patches, data, etc making a CD backup set is a great idea, then once a week use the removable drive to mirror your data onto, once it's mirrored remove the drive. This will also leave you the option of using (2) extra drives so you can rotate your mirrored drives every-other week.
blstriker also has a good point, if you set the system to backup only the new data you could use 1-2 Cd's per week. In the long run though if the HDD fails you still need a new drive, and then you'll have to restore ALL the CD's, first the backup set then ALL the new data CD's. With a removable mirror setup, pop one of the mirror drives into the old HDD bay connect it and off you go.
Good Luck