I would have to agree with Lotus. If the drive does last 3 years minimum (even though the specs don't say that exactly in those words) then that should be sufficient to get plenty of good solid use out of the machine.
Even if you're still using the machine in 3 years, think about how much SSD's will have come down in price and gone up in size in that time, even in 2 years, you could probably "hack" your machine, replace the 8GB SSD with a 16 or 32 GB one for relatively low cost (probably well under $50 in 2+ years).
But again, "3 years useful life" isn't very specific. That could very well mean that certain data blocks on the drive begin failing far before then but that the drive will remap itself sufficiently for at least 3 years (meaning a slow reduction in drive space as data blocks fail). But the fact is, the information Intel is giving us in those specs is really vague, it's hard to say exactly what they mean and we all know how companies reword things to make them sound different than how they truly are.
With that said, I don't think Intel is in the habit of making shoddy hardware so if we get a full 3 years with the whole drive 100% working on this thing, I'd be happy. If you're worried about losing any critical data on the drive, my simple recommendation is to not use the drive to store your critical info. Just let the drive run the operating system, store any valuables on an external SD card or USB stick which will likely get written to far far less and therefore last much much longer. And SD cards are pretty cheap these days, you could get a 2GB one for like $10 - $20 (depending on speed and quality and brand).
As for me, I would expect to use the machine quite extensively but at the same time, knowing my own usage and replacement rate, I would very likely buy a newer model within 2 years at which time I could either discard this one or sell it on eBay so if it lasts a full 3 years that should be more than enough. Time will tell... unless someone can find us some more detailed specs?
And lastly, with all of that said, take note that Acer does provide a 1 Year Warranty on this whole machine.