Well with RAID 0 you will only get the reliability of the drive itself, there is zero redundancy. So you HOPE everything will go ok. If you really want great performace, then get two SSD and RAID 0 them. Of course, if you are looking for space, then you will be out of luck or seriously out of pocket as large capacity SSD's are very expensive.
I had an Extreme Corsair drive 256GB, and then changed to two 60GB in RAID 0. For me, the performance is noticeably better than the single 256GB extreme drive. To help with space I added a 1TB drive for my general junk, and then an 80GB SSD single drive for my OS. Overall, it was cheaper to do that than the single 256GB SSD extreme drive, and I am better off from a speed point of view. The RAID 0 config is just for my games, and compared to splitting the 256GB previously, I definitely am seeing a performance increase.
Anyway, to answer your question, I would choose the single SSD if it was a decision between a single SSD extreme drive and a normal SATA RAID 0 config. If you have a non-extreme SSD, then I would go with the SATA RAID 0 option.