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My plan is to migrate eventually from 4 x WD RE2 750GB's in RAID 5 to 4 x WD 10k Velociraptor 1TB's (also in RAID 5), Im also using 2 X 15K7 in RAID 0 for my virtual machines and documents but this array will disappear after I sell the drives.

In terms of cost I can get the Velociraptors for around £0.17/GB or $0.26/GB, in any case my RE'2 are nearly 7 years old now so in need of replacement. Deffinetly RE edition's for my arrrays.