As Armageus said really.
With cache on a RAID card it'll tell the OS the data is written once it's in cache, then it actually writes to disk. It essentially gives a nice performance boost. If you lose power to the card and that data is still in cache, and you have no battery - it's gone.
If that data was the middle of an OS update the implications could be bad - it just depends.
To repeat my earlier question, what level of RAID are you looking to achieve?
If you're looking for RAID0, 1 or 10 you could probably disable cache without too much of a performance hit.
For RAID 5 or 6 the P410 requires both 256MB cache and the BBWC - so you will need the battery.
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Just checked the quickspecs for the P410 and it looks like you have to have a battery for write back caching - so our points were moot for the card you bought.
The cache will give you a boost for reads, but it won't be available for writes, where it helps the most.