If this is for business, then absolutely, dump the software raid, and buy a RAID card, and do RAID 5. Software raid takes a very long time to recover, and doesn't take advantage of hot-pluggable hardware, etc...Is the point to have a lot of drive space? or to prevent data loss due to drive hardware failure? or to provide for minimum down-time?
Your goal makes a big difference as to which solution you choose. Rebuilding a 4gig drive in a hardware (Compaq) scsi raid5 setup takes us <30 minutes, with 0 downtime for the server. (no shutting down the box, reconfiguring the mirrored drive as the boot drive, turning off mirroring, and bringing the box back up. That doesn't include the time to replace the bad drive, and reconfigure.
/shameless plug-I have a Mylex (IBM) f/w 2 channel RAID controller for sale- /endshameless plug
My $.02 It's your money/time/effort that has to be spent, not mine.
--Woodie