Well I'm not exactly familiar with this concept. If you could better explain how it works I might be more interested in going for it. So I change the external HD to be my boot disc instead? I didn't even know that was possible, and if it is, what happens to the previous HD in the computer? The downside being you have to keep the external plugged in at all times?
I suppose if I can use the internal HD for backups and an external for booting while saving money that would be ideal, but I'm not entirely sure this is how it would work. Also if I understand correctly there aren't any external bootable drive options available at this time?
Pretty straightforward actually (just found a bit of info I was missing btw so now I'm totally clear):
1- you keep the stock 1tb drive that comes with your iMac.
2- you buy 2 Ssd thunderbolt externals drives: I'm going with the 1tb LaCie, but there's also the 512gb version that cost 700$, two of them makes it 1400$, cables are included. Obviously you can choose whatever ssd you prefer.
3- you connect them to the iMac and daisy chain them to one thunderbolt port.
4- you set them up as a single raid drive
5- yes you can place osx, all apps, etc on this external drive and boot from there.
6- voila you have a 1tb ssd which runs somewhere at double the speed than the apple 756gb option for 100$ more, plus you get 1tb of internal space which you can use however you like. You can also leave it empty forever. Obviously you could also choose a single 1tb external and do the same, speed gain would be less impressive but would cost 300$ less than apple option for 33% more the space and probably faster. Similarly if you need less space you could go with a couple of 256gbs, and so on.
7- only drawback you can see is that yes, obviously the drives need to always be connected. As its a desktop, they're very small and totally quiet to me this is an issue as big as the fact that my iMac needs to be connected to the power cord to work, but some people prefer to have the desk totally clean....
8- on the contrary, I see as an enormous plus that having my whole system in 2 small externals means that if I ever need to bring my iMac away with me I can do it with any MacBook with a thunderbolt port.
9- finally, if an external drive fail you can send it to repair and work from your backup drive, if e internal drive fail you have to send the whole iMac to repair.