Yes you do. First, install the Hotpoint drivers. Follow the directions in the KT7 manual. Be sure to reboot and load Windows again before the next steps.
Then, power down, and move the cable to IDE3. Power up, enter the BIOS, under standard CMOS features, set the primary slave and master to NONE.
Under Advanced BIOS features, make the first boot device ATA-100. Enable the "boot other device".
Under Integrated Peripherals, enable the ATA-100 interface.
Save and restart.
After POST, the Hotpoint screen is displayed. Press CTRL-H to enter the hotpoint BIOS. It will show you the drives attached, and allow you to select the desired boot drive.
That should be it.