You are correct in what you say, however I don't think you quite mean what you mean. :-)
Here's the real situation: in most large scale enterprise computing environments, those large arrays from the likes of EMC, HDS, HP, IBM, etc are better and reliable. The reasons are varied, but fundamentally come down to the fact that there is real money involved with management and uptime. For most businesses the downtime experienced when server with DAS goes down is inconvenient. In anything like a larger enterprise, any downtime can be easily translated into lost revenue and, in certain circumstances, actual significant losses.
Let me provide an example. Most financial institutions are connected to a messaging network called SWIFT. Simplistically, systems that interface to the SWIFT network are usually money transfer, dealing and other financial applications. You do not want any of those things on DAS systems, regardless of how reliable the underlying hardware is [1], mainly because of things like clustering and replication. Application level replication in these high-volume environments have strict performance limitations and the best way of dealing with these problems is something like SRDF, PPRC or Continuous Access (distance limitations notwithstanding).
This is a specific example in the financial services sector, but you can quite easily find other examples in areas such as manufacturing, healthcare, retail operations, etc. If you are doing your due diligence, it becomes apparent very quickly that the cost of building out the infrastructure is actually small compared with the potential losses you may incur if you don't implement such technology. You can also do the same thing (and in fact it is related) with disaster recovery and RTO/RPO calculations.
In all fairness, this is quite fun stuff. Honestly. :-)
-jax.
[1] The exceptions here are obviously things such as Tandem and mainframes, however mostly these are either connected to their own proprietary versions of SAN-based storage or, in the mainframe world, use FICON. The latter is basically Fibre Channel anyway and is integrated almost as such in most environments (eg Cisco MDS switches with FICON interfaces connecting to an EMC DMX).