My New Editing Rig -- Any Last Minute Changes?

Hi everyone,
I'm a proud owner of Premiere CS4, looking to upgrade to CS5, but first I'd like to get a new rig that will run it the way it's supposed to.
The following is what I have picked out to build for me:
Chassis Model: Special Deal Hot Seller - HAF 922
Processor: Intel Core i7 950 3.06GHz (Quad Core)
Motherboard: ASUS Sabertooth X58 (Intel X58 Chipset) (Features USB 3.0 and SATA 6Gb/s)
System Memory: 12GB DDR3 1600MHz Digital Storm Certified (Highly Recommended) (Hand Tested)
Power Supply: 750W Corsair TX (Dual SLI Compatible)
Expansion Bay: External USB Digital Media Card Reader
Hard Drive Set 1: Operating System: 1x (150GB Western Digital VelociRaptor (10K RPM) (16MB Cache)
Hard Drive Set 2: Multimedia\Data: 1x (1TB Western Digital Caviar (7200 RPM) (64MB Cache) (Model: Black Edition WD1002FAEX)
Hard Drive Set 3: Backup\Misc.: 1x (1TB Western Digital Caviar (7200 RPM) (64MB Cache) (Model: Black Edition WD1002FAEX)
Optical Drive 1: Blu-Ray Player/DVD Player (Play Blu-Ray and Play DVDs)
Internet Access: Wireless-PCI N 300Mbps (Supports 802.11n/g/b)
Video Card: 1x NVIDIA GeForce GTX 470 1.2GB (Includes PhysX Technology)
Sound Card: Integrated Motherboard Audio
Extreme Cooling: AIR: Stage 1: Corsair A70 Dual 120mm Fans High Performance Cooler
H20 Tube Color:- Not Applicable, I do not have a FrostChill or Sub-Zero LCS Cooling System Selected
Chassis Airflow: Standard Factory Chassis Fans
Boost Processor: FREE: Stage 1: Overclock the processor between 3.3GHz to 3.9GHz (Cooling Upgrade Recommended)
Boost Video Card: - No Thanks, Please do not overclock my video card(s)
Windows OS: Microsoft Windows 7 Home Premium (64-Bit Edition)
My main concerns are as follows:
1.  Should I opt for the (2) 500 GB drives in a RAID 0 for my boot drive, or stick with the velociraptor?
2.  Will 12gb be enough to effectively edit big projects in Premiere? (I'm not too concerned about After Effects)
3.  I don't see myself going above 16gb of ram any time soon... do I need to splurge on Windows 7 Professional?
4. Are the two extra 1 TB WD Caviars the right extra drives to get?
Thank you!

the adobe tech has lost his mind... as has some other people...
its beating even the 980x and kills the 950 at stock speed
did you look at the ppm benchmarks?
here is ours
Premiere Pro CS5 Version 5.0.3 Testing
I7 2600 3.4GHZ Turbo to 3.9GHz
8GB Blackline 1600 CL 9
460GTX
4 WD 1Tb Sata 64 Meg Cache 600 Drives in 2 Raid 0 arrays
Video material - AVCHD 1080P 24 Frame Each Cut to 30 minutes of material
Export Codec - H264 HDTV 1080P 24 Preset Default
4 Effects per Layer - Fast Color Corrector, Brightness & Contrast, Video Limiter, Sharpen
Each Layer Scaled to 50% for 4 frame PinP view.
3 Layer - 37:35
4 Layer - 40:49
I7 950 at 3.68GHz  <-- overclocked and still cant win
12GB Blackline 1600 CL 8
470GTX
4 WD 1Tb Sata 64 Meg Cache 600 Drives in 2 Raid 0 arrays
3 Layers - 40:21
4 Layers - 45:37
I7 2600K 3.4GHZ Turbo to 4.7GHz
16GB Blackline 1600 CL 9
470GTX
3 Layer - 31:35
4 Layer - 34:35
I7 980X 4GHZ
12GB Blackline 1600 CL 9
570GTX
3 Layer - 32:30
4 Layer - 35:25

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