With 10,000 RPM RAID 5 drives, yes, this will run for a very long time. Do not be suprised if the run time exceeds 40 hours.
Recommend:
15K RPM drives
36Gb drives - no larger
For the transaction log, use dedicated RAID-1 disks and do not stripe. If the transaction log needs to be larger than the 36Gb, have 2 seperate sets of disk and have multiple files for the transaction log.
For the data files, expect to use a maximum of 80% of the space for data files. Stripping the disk may or may not work.
You also may need to put tempdb on its own disk.
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