Upgrading to Raid 1 can be done, but it's a bit tricky. I just did it a couple of weeks ago, changing from 11GB to 80GB in the process. Don't have a detailed howto, but here's the very short version from memory:
1. Remove original drive from system, install new drives as hda and hdc (CDROM is hdd).
2. Perform a clean install onto the new drives, using software RAID 1.
3. Jot down, print out, or otherwise make a record of the contents of the /etc/raidtab file.
4. Switch the cables around--move hda to hdc, hdc to hdd, and reinstall the original drive as hda.
5. Boot off the original drive, probably into single-user mode (I didn't do this, but it's probably a good idea).
6. Recreate /etc/raidtab, changing hda to hdc and hdc to hdd as appropriate.
7. mkdir /mnt/raid
8. raidstart /dev/md1
9. mount /dev/md1 /mnt/raid
10. cd /mnt/raid/etc; cp lilo.conf raidtab modules.conf /root
11. cd /
12. cp -ap bin home opt quota* root service usr etc lib sbin tmp var /mnt/raid/
13. mkdir /mnt/raid/mnt
14. cd /mnt/raid/mnt
15. mkdir floppy cdrom
16. cd /root; cp lilo.conf raidtab modules.conf /mnt/raid/etc.
17. Shut down
18. Remove the original drive, change hdc back to hda, and hdd back to hdc.
19. Reboot. Cross fingers.
Now, if you haven't installed any custom software, none of this is necessary. Just do a system backup, do a fresh install using software RAID, and then do a restore. Much simpler, but if you've installed any extras, you'll have to redo them.