I couldn't confidently go that far without getting my own hands on the data & making a lot more effort to revise my stats knowledge, but I'd certainly argue that 'failure rate is proportional to number of drives' overestimates the risks, probably significantly. Equally, the risk of failure of a group will still be higher than of a single drive, but the additional risk may be acceptable given the performance gains & the reduced size of this additional risk. This is all just my opinion based on gut feelings & a moderate grasp of the report previously quoted.