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You can always by an IDE to USB adapter for $13 and use your existing hard drive as your external hard drive. That would save you the step of copying files, and you will still have a working installation of Windows if things go badly for you. I am not sure what type of interface your existing drive has, but they make adapters for all of them.

http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&DEPA=0&Order=BESTMATCH&Description=ide+to+usb+adapter&x=0&y=0



Thanks for the input, Jeff.