I just bought and installed two new drives: a 1 TB rotational (7200) drive for projects and a 1 TB SSD for large sample libraries. The SSD is a Samsung Pro.
I find spinning drives fine for projects but unusable for string and orchestral libraries and the SSD changed my life. The bad thing about the SSD is that it cost around $650 (ordered through Amazon) and it needed a bracket to fit the slot plus an extra cable. (In fact, I had to use two brackets: one to convert 5.25" to 3.5" and another inside that to covert 3.5" to 2.5". Hopefully you can find a single bracket solution.) The brackets and cables are cheap and available at Tiger Direct and other places.
String libraries that were unusable before (because they stream from disc) work great now; and projects that use sample libraries load extremely fast. Even libraries I could use before but that had slow load times are now on the SSD and productivity is way up.
Some say write time to an SSD is slower so I don't know if you would want it for projects. I had not had enough write experience to validate that. Transferring the libraries to the SsD went fairly fast, though, so I didn't notice a write speed issue.
In the past, I could cook and eat lunch while a Vienna Dimension Pro matrix was loading, and even after that, it didn't work well. I had actually uninstalled Hollywood Strings because performance was so bad.
I know you specifically asked about projects but thought some of this may help you or others. Even though they cost a lot, my next PC will have two 1 TB SSDs.
I also back up all projects to an external drive (e.g., Passport).