Both are correct.
If an ext2/ext3 formatted filesystem already exists in the partition you used as a raid member, then you will get the "ext3/exists" warning. Ignore it and proceed.
The fdisk partition-type is nothing more than a code and may or may not have anything to do with how the partition is actually formatted.
What you want to do is to make the raid device and then format it as ext3.
Code:
# mkfs.ext3 /dev/md0