Is raid 5 suitable for a mysql installation?

Let me explain my application further. My application is a socket programming which will connect with gps device to receive gps string and there after do a further processing. The socket programming will be in another server and db in another server. So during the further processing is where it will query from the db. So here I guess there will lots of i/o rite. Minimally during the further processing there will be minimum of 5 select and the insert will be minimum 1 but at times it can be even minimum 4 or more and also a number of updates. Hope I am clearer now.