RAID just isn't a good idea with two HDDs.
RAID0 is a fine idea with 2 drives, 3 drives doesn't make RAID0 any more reliable - only faster. As long as you backup your data on an external drive there's no real problem. 2 drives in RAID0 is not much different from having a single drive in your machine. If your single drive fails, you still need an external backup from which to restore, and you still suffer the downtime whilst the drive is replaced under warranty and your data is restored to it. If a drive fails in your RAID0 array the downtime is exactly the same, as is the process of recovery.
RAID1 in a laptop isn't as useful as you might think. Sure you have a mirror of your data .. but it's in the same physical location - thats not a great backup. It's only really useful if you can't afford your laptop to go down, EVER. In which case RAID1 provides that redundancy - but you only have 1TB of usable space and you still need an external backup.
Your real consideration here is that you're only able to do a software RAID. You increase your disk performance (in RAID0) at the expense of CPU cycles ..
You'll be constantly sacrificing some processor speed and associated battery life. Personally, i'd say you're much better off buying an SSD for your boot volume and applications, and using the other slot for a 1TB HDD. You'd get your speed boost without sacrificing processor cycles and also improve battery life at the same time. The 1TB HDD can be used to store all your stuff, and since it's independent from the boot drive it'll run a bit faster as the OS won't be loading apps from it, prefs from it, or paging to it.
P.S: you can also buy an external usb enclosure for your old optical drive and run it MBA stylee. also, watch out for the 9.5mm limit - make sure to buy both a drive AND an optical drive adapter within those constraints. I'm actually about to sell an adapter built for the job as well as enclosure for the SuperDrive on eBay, however i'm in the UK so it's probably not that useful to you.