Schutt is correct - RAID 5 is mainly used for servers, RAID 0 becomes very uneconomical for large amount of disks. RAID 5 you get (n-1)*s storage space the rest is used for the disk parity.
n = number of disks, s = size of smallest disk.
e.g 4 x 100Gb disks RAID 1 = 200Gb actual storage space.
4 x 100Gb disks RAID 5 = 300GB storage
RAID 1,3,5,0 + 1 get you varying degrees of redundancy.
RAID 0 gets you the fastest with no redundancy.
I think RAID 5 is available for IDE on the higher priced IDE RAID controllers, but have yet to see it implemented on an onboard chipset.
One correction to bloom25 - RAID 5 data parity is spread evenly over all disks, not on a dedicated disk. RAID 3 uses a dedicated disk for parity.
Never heard of RAID making disks unstable, he might just have got a bad disk. If anything there is actually less read/writes to individual disks in an array therefore they 'should' last longer.