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Am I screwing up bigtime?

I am getting ready to drop close to $10K on a small project studio to record one or two performers at once. (All I have already is a Kurzweil 2000, Ibanez John Scofield, other acoustic, classical, and electrics, a Marshall amp, a Line6 AxSys212 amp, Mackie 1604 & 1202 mixers, Furman headphone distribution amp, Marantz cassette multitracker and some cheap mikes.)

Hard Drive RPM: Does it make a big difference?

I'm going to be building a new DAW and am thinking about using a 10,000 RPM HD for running my programs. I was thinking of using a 7200 RPM HD for my library.

A) Is there a noticable difference in performance between the speek of your HD?
B) If there is a difference should I use the faster for my programs or library?
C) Are there any problems using different HD?