Under ideal conditions RAID 01 will give higher reads, here's why:
You've got two striped arrays that are being mirrored. Under a true RAID 1 mirror, read speeds are increased, because it can stripe the reads from all the mirrored drives. So, in the case of RAID 01 read speeds could be increased. I know, I know, you're thinking, "Wait! RAID 10 has mirrors as well, it's just backwards, but you should still get a read speed boost!" The short answer, is no. When the mirrors are on the other end, the overheard is to high to see a boost. (At least that's my understanding of why it didn't work in 10... It seems a little fishy to me, I'll research it a bit more and update accordingly.)
This has been my experience with a 3ware card that supports 01 and 10, at least.
Have you repeated this test at all on 10.5? I'd like to see if RAID 01 is performing better, or if it would be the better choice compare to RAID 10...