RAID 0 Setup using an Abit IP35 Pro

Hey everybody, a fellow n00b needs help. I currently have an Abit IP35 Pro motherboard hooked up to WD 150 GB HD which has Windows XP on it and I have just ordered a new Hitachi 500GB HD to free up space. I would like a RAID 0 setup between these two hard drives but I have a few questions:

1.) With my motherboard is it possible to configure a RAID 0 with these two hard drives?

2.) If it is possible, can I do it so I do not need to install windows again (format both hard drives)

3.) If both the answers to questions 1 & 2 are "Yes", does anybody mind helping me out on how to go about doing this?

I appreciate all the help and I hope I will be able to solve this issue. Thanks!!!

Thanks for the reply! I still have a few questions though...

1.) So it is possible to do RAID 0 with these hard drives, but I can only do RAID 0 with 300 GB (2 x 150) instead of my total 650 GB (150+500?)? Is there no way to have a RAID 0 of 650GB (One 150 GB HD and 1 500 GB JD) in my setup?

2.) When I installed XP in the first place, bios was NOT set to RAID or ACHI, so is it impossible to add my 500 GB HD and configure in a RAID 0 setup without having to reinstall XP?