Nope, the procedure won't work as per your description. You need a third party tool in order to accomplish this.
Trying to unweave, unwind, unravel
And piece together the past and the future,
T. S. Eliot
running windows xp home edition, 80 gig hdd, 1900 athlon xp cpu, 1024 mg ram. just purchased a new hdd, 120 gigs, want to move everything from old harddrive to new one. is this possible, by just putting the new drive as a slave, formating it and copying all files from the old hdd to the new one???? will windows xp still work on the new one, when i make the new drive the master?