Time Machine or RAID set?
Recently, when my system disk began to fail, I purchased two 1TB hard drives to replace it. I then configured both drives as one RAID set so that any data on my system disk would automatically be written on the second disk as a backup. But now I'm wondering whether it would have been better to have designated the second drive as a Time Machine backup drive? For one thing, if I accidentally erased a file, I could retrieve it if the second disk was a Time Machine backup disk, but I think it'd be gone forever with a RAID set. Also, Lion's Disk Utility does not repair permissions on a RAID set (without resorting to terminal commands).
Any input on which method of backing up I should choose?