Yes if you install fvdw-sl firmware using the installer all data on the disk will be lot. If you want to try to repair lacie firmware or retrieve data from the disks when lacie firmware is failing to boot then you need to use the standalone kernel that comes with the console. It runs from RAM and will give you telnet acces that can be used to investigate your disks. As you probably used a raid setup you need to assemble the raid array first before being able to mount it. There are several topics descibing what needs to be done on the forum.
Ps backing up 14TB will not be quick...