Will an SSD last as long as a traditional hard drive. IVE been into the computer business since 1992 and just getting familiar with some of the new technology. I still have a gateway e-4200 p3 bought in 1999 with a 20gig and it still works till this day and have had no issues. I would just like to have the same reliability and if SSD is a promise than I would go for it. Im not on a budget, its just hard to break my old habits.
SSDs have an MTBF comparable to most platter drives. The exact lifespan of the drive depends on the usage and type of flash memory used. The drive I linked uses Toshiba's Toggle-mode Flash which lasts twice as long as standard synchronous/asynchronous Flash meaning that it should last 7-10 years at least. The industry standard warranty for SSDs is at least 3 years with many manufacturers offering up to 5.
Extremely write heavy applications should be limited to enterprise grade SSDs, but you'd be extremely hard pressed to come close to this type of usage at home which makes consumer grade SSDs quite reliable.
SSDs come in capacities as low as 60GB for quite affordable prices which makes them an easy investment to make. They're definitely worth using. Unlike the Raptors they're extremely quiet.