I'm sure Enterprise SSD manufacturers would love the idea.
The biggest single production host I have runs nine guests. If I *had* to, that machine does have the capacity to run enough drives that I could feasibly run each on a dedicated drive, but in some cases the machines are virtual precisely because they don't need to be running on bare metal. Those machines get a daily full backup and if they have continuous changes (most of them don't), I run Crashplan as well.
AFAIK even RAID1 is as yet unsupported on the drive/controller level by anything outside enterprise storage systems, though obviously the rules are different if you're buying HP or IBM or EMC. At that point you're probably in for a penny or a pound anyway. EMC just got more ammunition to sell you a VMAX 20K instead of a 10K.