An external offline backup is logically better than RAID 1, as long as you actually backup frequently.
Vista Business might support software RAID 1, but there could be issues if you're dual-booting. RAID 1 is the simplest RAID though, so getting a cheap add-on PCIe controller shouldn't be hard, and many motherboard chipsets also implement RAID 1.
Installing those drivers under a working OS is sometimes tricky, and for those sorts of changes, an eternal backup is good idea.