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Or two 4TB mirrored cheaper still.
Nope (even with 3TB).
3TB NAS drive = £97.49
1TB NAS drive = £44.98(Prices from scan.co.uk)
so 2 x 3TB mirror is more expensive than 4 x 1TB in Raid 5, although a 2-bay NAS enclosure would be cheaper than a 4-bay.
(You can make it cheaper by using Desktop HDDs but I've seen too many HDDs fail at work and would rather pay the slight bit extra for piece of mind.)
Why not 3 X 2 TB? More storage and slightly cheaper. Probably.
Edit: perhaps not cheaper if you price in your spare.