Sometimes, I have the same problems with formatting.
I think what helped was to set "full HTML editor" or something like that in the forum user preferences.
If you are unsure, better type 2 returns.
Regarding Raid your´re right. Raid 0 is for speed (more risky) , Raid 1 for more data security.
If you are looking for speed, I would go for a SSD instead these days.
I love to have the OS on it, because it optimizes general working speed, booting and all the nasty background stuff.
For recording, a regular HD is fast enough.
Putting samples on SSD can be a good idea, if you want to reduce your waiting time, but the larger your library is, the more expensive it will get.
Also remember, external is O.K., but why not connect an additional drive inside the computer ? This will save some money and usually the internal SATA ports are the fastest you have ( but I´m not a Mac expert at all).
Especially an internal SSD is nice, because you have less noise and lower temperature, no need for extra fans or weird silent mounting cages.
When you put the system data on a SSD, remember to have a backup copy.
I have two such systems in use for ~6months now and never had a problem, but you never know how stable these SSDs are in the long run.
But let´s assume you put VSL on an external 1.5TB discs, there should be plenty of free space left to do backups of your SSD boot partition onto that same drive as well.
If you need all this, really depends on how many instruments you want to fire up at the same time, at which audio latency, with which audio interface and how much realtime experience you ask for.
It is easily possible that one creates music with VSL on a laptop, where another one thinks about further extensions of his HAL quadro RAID helium cooling workstation an is still not satisfied.....
My guess is, if you use two dedicated drives, you wil be fine.