raid 0 = striped volumes/sets
RAID 0
RAID 0 (striped disks) distributes data across multiple disks in a way that gives improved speed at any given instant. If one disk fails, however, all of the data on the array will be lost, as there is neither parity nor mirroring. In this regard, RAID 0 is somewhat of a misnomer, in that RAID 0 is non-redundant. A RAID 0 array requires a minimum of two drives. A RAID 0 configuration can be applied to a single drive provided that the RAID controller is hardware and not software (i.e. OS-based arrays) and allows for such configuration. This allows a single drive to be added to a controller already containing another RAID configuration when the user does not wish to add the additional drive to the existing array. In this case, the controller would be set up as RAID only (as opposed to SCSI only (no RAID)), which requires that each individual drive be a part of some sort of RAID array.
http://support.microsoft.com/kb/314343
Basic Disk Storage
Basic storage uses normal partition tables supported by MS-DOS, Microsoft Windows 95, Microsoft Windows 98, Microsoft Windows Millennium Edition (Me), Microsoft Windows NT, Microsoft Windows 2000, and Windows XP. A disk initialized for basic storage is called a basic disk. A basic disk contains basic volumes, such as primary partitions, extended partitions, and logical drives.
Additionally,
basic volumes include multidisk volumes that are created by using Windows NT 4.0 or earlier, such as volume sets,
stripe sets, mirror sets, and stripe sets with parity.
Windows XP does not support these multidisk basic volumes. Any volume sets, stripe sets, mirror sets, or stripe sets with parity must be backed up and deleted or converted to dynamic disks before you install Windows XP Professional.
Dynamic Disk Storage
Dynamic storage is supported in Windows 2000 and Windows XP Professional. A disk initialized for dynamic storage is called a dynamic disk. A dynamic disk contains dynamic volumes, such as simple volumes, spanned volumes, striped volumes, mirrored volumes, and RAID-5 volumes.