I've never found that I had a really good reason to encrypt a drive yet, I'm kind of surprised to see a suggestion that this is the way things are done.
Why should you be encrypting your disks?
There are additional reasons for full disk encryption too, like ensuring that important system files have not been tampered with. Whether or not you want to go that far depends entirely on your level of paranoia.
For a home desktop, the cost/benefit may be a bit different, because the computer is exposed to less places and people. As with many things in security, you would need to calculate what is an acceptable risk to you versus the cost of mitigating that risk.
Edit: Reference https://www.infosecisland.com/blogview/13722-SSDs-and-the-Im...
In addition to doing data recovery for people (sensitive documents, photos, etc.), I have a few clients I do work for and I'm exposed to client lists, password files, software license keys, etc.. If my home-office machine were ever stolen, I never need to worry since I use full-disk crypto.
Also, how does your encrypted-fs affect HDD performance?
The reason that I know that this is not just encryption overhead is because when asked about lower performance being seen by users who were not encrypting, OCZ staff confirmed on their forums that benchmarks not using compressible data will see lower numbers.
I googled a bit and saw that it's widely documented that sandforce are compressing right in the controller, and this allows it to physically do less reading/writing, which artificially inflates the data transfer speed.
Attempting to compress encrypted data has no effect on the size of the data whatsoever, so tests doing that are more reflective of their actual performance.