I believe the reason why OWC has recommended RAID 4 for SSDs over RAID 5 is due to the fact that RAID 4 takes up more space due to the dedicated parity drive (and with SSDs being more expensive, the amount of available space over HDDs will be less from the get go).
RAID 4 definitely works, but is seldom used these days. If you check around, enterprise RAID solutions - they don't even mention RAID 4 as a solution.
Here's from a media company:
RAIDs are created with two goals: increased performance & data redundancy. There are various distinct RAID setups, each with advantages and disadvantages.
www.promax.com
"So which RAID is best?
For a balance of redundancy, disk drive usage and performance RAID 5 or RAID 50 are great options. They provide redundancy, allow for the largest range of disk usage and give you data protection that you can rely on."
and as to why RAID 4 is probably offered due to drive size to cost consideration:
Implementing RAID for your SSD will help its performance, but is it worth it? See if SSD RAID is the right move for you.
www.enterprisestorageforum.com
"The biggest limitation of SSD RAID arrays (again, aside from the SSD RAID controller speed limit) is the cost. SSDs are more expensive per Gigabyte than HDDs, and using an SSD RAID configuration that offers 50% storage efficiency such as a two SSD RAID 0 array or a four SSD RAID 10 array effectively doubles these costs. "
Personally, I'd go with RAID 0 and then back that up to another SSD RAID set without further taxing that backup to always continually write.