"Been reading a lot about the DIY Fusion drives, wondering if it's actually worth my while to do it or if it's just a high risk task of crashing out the drives and losing all my data one day?"
Since the fusion drive technology was introduced, I've seen little discussion about this. I think it could pose significant problems down the line.
Anyone who uses computers knows that "drives fail". Hard drives are almost destined to fail due to their internal construction with moving platters. Solid-state drives fail as well. So it's reasonable to assume that at some point, a number of fusion drive owners are going to experience some sort of drive failure, either a failure of the hardware or perhaps some kind of directory corruption.
Let's say you have a fusion drive that (up to this point) has been running without problems, and suddenly the hard drive portion of your fusion drive fails.
What next?
Of course, because of fusion, the drive won't mount.
Can the "fusion" be "broken" to "separate" the core volume back into two separate volumes? Even if that can be done, the entire fusion drive (as a "whole") may be unmountable, how will the user "get at it" with Disk Utility, the Terminal, or other software?
Even if the SSD portion can successfully be separated from the HDD portion (which is broken), how might one use data recovery software to access the HDD portion? Will that even be possible?
All kinds of questions yet about fusion, in my mind. Folks are ready to leap into fusion without thinking much about the future.
I sense that without a complete and bootable backup of the fusion drive, meaningful "recovery" in the event of a crash or failure may not be possible. Of course, I keep bootable backups, but the vast majority of users don't. We could see a rash of "fusion failures" something like we see "Time Machine failures" today -- that is, instances where folks have a drive failure, try to restore from Time Machine, and find they can't access their TM backups, etc.
Final thoughts:
The "fusion" concept is Apple's take on "RAID for dummies". Makes multiple-drive management +simple+! That is, until you have a failure, in which things can get VERY complicated very quickly.
If you're not bothered by multiple drive (or partition) management right now, I think the best course of action is to install an SSD and "keep it separate" from the HDD for a while. Let's wait and see how things thrash out when folks start having fusion drives go bad, and see what it takes to recover from such failures....