It's clear that the use of RAID is a hot subject. It is also evident that (mostly) those who use it love it, and those that don't seem to be fearful of it.
Regardless of statistics and mean time between failures and all that stuff, as long as people are aware of the risk (almost none in my view) then RAID0 is a perfectly acceptable way to get a performance improvement over a single disk.
In work, I use a mix of all types of RAID, and yes, when it fails, it can be a pain in the a$$. But it's not the end of the world if you have a decent backup.
And in any case, re-installing Windows is probably a frequent event for many people here, so not likely to be such a biggie, (I do mine at least every 6 months).
My previous machine was a single disk system. The original disk failed after 10 months, and the replacement (different) failed after 11 months. If my cuurent RAID0 array lasts 10 months or longer, then I have been no worse off, and gained some performance at the same time. Is that so bad?