Yes, the modification suggested has you modify system binaries with a hex editor. Once those get updated in a SP, your hosed.
I can't stress enough what a bad bad idea this is. Buy a cheap raid 1 board, raid 5 (especially software) is slow as heck.
Bill
Bad bad idea or not, I've been running a media server with this mod since March '04 or something. The system has three 200GB disks configured with two partitions, a RAID 1 partition (OS) and a RAID 5 partition (data). This was an inexpensive way to get a RAID 1 and RAID 5. The speed is acceptable for this application; reads are faster than a single disk, writes slower.
Regarding the Tom's Hardware article, it shows only SP1 files; the SP2 files are different and require their own similar modification - the mod does work with SP2 though.
Tom's left out some points.
1) A software update can destroy the RAID capability. This is exactly what happened with SP2, and is why when you choose to do this you should configure automatic updates off. Before I switched to SP2 I tested with three spare drives to see if the mod to the SP2 files would work.
2) Run a UPS. Any power glitch will cause the RAID to rebuild - not fatal but the 350 GB RAID 5 takes about 4 hours on the 1 GHz Nehemiah machine.
A more recommended solution would be that if you want to do software RAID with a Microsoft product buy a copy of Server.