I have two one for OS and programs including VSTi's etc. One for audio data. I do not use any large sample libraries that stream from a hard drive, so no opinion there. Most laptops do not give you the option of more than one drive, so not a lot of choice for those.
One argument against putting data and system on the same drive is that many imaging programs do not let you choose to exclude the data from the partition image, making a gigantic backup drive necessary if you do a lot of image backups. You can use partitions on the single drive to solve that problem, but there may be some additional degradation of performance from partitioning if the drive heads need to jump partition boundaries between system and data frequently.
I have to say that I have not really had a performance hit that I can attribute to drive access problems, but I do not do enormous projects, and I have an excessive amount of memory installed on my DAW.