RAID1 will effectively double your I/O ops/sec theoretical maximum. For sequential reads, it will make no difference at all. The reason for this is that if you are alternating read operations between two drives, the disk will be read-aheading the data that you didn't (and will not) ask of it, because you asked for it off the second disk. So in long sequential reads, your performance will be the same as a single disk. For writes the performance will be negligibly lower than for a single disk if you have NCQ. For small (up to multi-sector capability of the disk, typically 16 sectors, 8KB) random reads with full NCQ support you will see the throughput roughly double with RAID1.
In other words - RAID1 has the potential to be a lot faster, but it depends on your usage pattern.