URGENT - Question on HD versus Solid State Drive.

Dear all:
This is an important question and also a little urgent.
I am about to purchase a new MacBook Pro 17" and am faced with the choice of either a conventional hard disk or a solid state drive. My understanding is that SSD's are faster and more reliable while less likely to experiencing a crash or other mechanical failure. However, the difference in price between a conventional 500 GB HD and the same size SSD is $ 1,250 which is half the price of the computer itself (a 50% increase in cost compared to the baseline system with the conventional HD).
Is this really a good choice ? Is the SSD that much faster and that much safer than a typical HD that it would make this additional expense worthwhile ? Or is the difference only really marginal and not worth this huge cost difference ?
Any input you can offer will be very appreciated.
Thanks,
Joseph

Dear all:
First I wish to thank you for the answers and thoughtful replies you have all posted in response to my original post.
It seems to be a general consensus that the speed difference between SSD's and conventional HD's isn't just marginal but measurable and orders of magnitude greater. This is good and certainly something I can benefit from. In my case I need the largest hard disk available so going for the 128 GB SSD drive to save money just isn't an option. I would prefer to go with a conventional 500 GB HD instead of a 128 GB SSD just because I need to carry a lot in my computer and my notebook (despite the fact that I also own a desktop) is often used as my main and/or only computer.
The questions now are:
1. All responses focused on performance but nothing has been said about reliability. I've read somewhere (although I can't remember the source) that SSD's can also "crash". It is not the same type of mechanical crash one would experience with a conventional HD but they can also fail. How exactly is it that SSD's can fail and compared to HD's what is the likelihood of one experiencing a failure with a SSD ? Have any of you experienced failures with a SSD ?
2. Is the upgrade from a 500 GB HD to a 500 GB SSD worth the $ 1,250 price tag ? This question is more difficult to answer and I know that part of the answer has to do with me (my own willingness to pay this amount and just how much the speed and/or safety of a SSD can be of benefit to my personal needs and workflow) but I would still like to hear your input.
Thank you again for all your helpful and detailed replies.
Best regards,
Joseph

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