True if one fails, you MIGHT be SOL, but then too, think about it, how hard is it with a 128GB RAID to make an image of it each day? or better yet, say you have Win on your current platter drive, you build the RAID put Win on it, same apps you currently have on you platter, then simply remove the platter drive from the boot drive options, the platters still there, if the RAID fails, hmmm, shut down, boot to BIOS, remove the RAID, add the platter to boot options and you're back up.
Further, SSDs these days are rather reliable.On my 3570K rig I.m running a RAID 0 with a pair of 120s, using the Intel Drivers, this has traveled through three systems, with Win7 I can unplug the RAID from a rig, take it to a new one, plug it in, set up RAID in the BIOS and, granted it generally takes a few minutes, it will boot into Win and load whatever drivers it need for the new mobo (and/or might have to load some specific to the mobo) and am up on running on that rig (if on there long enough have to reauthenticate the OS, but that's no big deal. I've had this RAID running, this has been running since the end of 2010. My P67 carries a newer RAID, a pair of 240s that foes back to Sep 2011.
With the OS already on your platter, that cuts the need , to a degree, on backups anyway, all you really want on the SSD is the OS and apps (and probably some static data files), but ever changing data files should be kept on your platter, temp files and cache directories should all be directed to the platter, etc....Writes to disk are the bane of SSD and lead to degradation of the drive and can lead to drive failure, set it up right, use it correctly and it should last for years (as should your RAID)