I'm looking to setup a RAID5 array and already have 2 1TB drives so I was wondering if it was possible to setup an array with 2 1TB HD's and a 2TB in RAID5?
Oops! Misread your first post. You have 3 drives so yes you can run RAID5, however the 2TB drive will be treated as a 1TB, giving you 2TB of storage + redundancy.