Hi
When you create a RAID set... the drives loose all their data. You can use superduper or a few other clone programs that are avail or you can:
1. Physically Install new drive
2. Put your Snow Leo DVD in
(OPTIONAL: if you want to speed the install up and or you plan to do other installs in the future, you can make an image of your SNOWLEO Dvd and restore it to a USB drive. you can follow Steps 1-4 here to restore it to your USB drive:
http://lifehacker.com/5351485/how-to-build-a-hackintosh-with-snow-leopard-start- to-finish)
3. Reboot your mac with the C key held down
4. Boot into your SNOWLEO DVD (this takes time unless you have the USB stick)
5. After you get into the Install Screen, go up into the menu and open up disk utility
6. Format your new Disk (Mac OS Extended (Journaled) GUID)
7. Make an image of your old 500GB disk and put it on your 1TB disk using Disk Utility
8. You might want to reboot at this point and test your image (I would)
9. If your image is good, go back and boot back into the DVD or USB thumb drive if your lucky
10. Setup your new RAID in disk utility
11. Restore the image sitting on your 1TB to your new RAID array
Done...