Hi Paul F,
>b) When a replacement drive is added, will it rebuild automagically?
No. Use a hardware controller (even relatively cheap ones works quite well - not the real low end ones, these requires you to use the BIOS of the controllers to rebuild but you don't need to know any Linux commands, etc.). Some of the Mirroring controllers (even relatively inexpensive ones) support hotswap and auto rebuild as well.
>c) If I create an image of the first drive and try to restore it what would happen?
I think (needs confirmation) that software raid drives are not byte for byte 100% identical between the two. In any case, I don't think just ghosting the drives will work.
Kelvin