Hi Wrench,
You have probably maxed out the mobo on RAM, so there's nothing to be done or complain about there!
Raidz is like RAID-5, raidz2 is like RAID-6....Raidz will give you the aggregate capacity of all the drives minus the capacity of 1 drive which is used for parity information, raidz2 uses the capacity of 2 drivers for parity.
Once again, I don't think you want to use the 2 160's for cache or logging. They will be just as slow as the drives you are caching. Don't take my word for it though, set it up and do some benchmarks and confirm for yourself.
-Will