IDE HD to a SATA system

I just bought a new computer, about time! (3 Ghz Windows Xp 80G SATA HD) my old computer was a 366 Mhz 4G IDE HD w/Windows 98. I would like to add this hd drive so i can copy some programsand files to my new computer. Problem (as I see it), I don't have an extra IDE connector. There is one being used by my CD/DVD drive. can I disconnect my CD and connect the old HD and then just turn on my computer and copy from old to knew or isn it more complex than that? Should I buy a IDE to USB2 cable and connect the drive this way? I could also buy a IDE to SATA cable but would also need an powercord ext. so this would become not very cost wise. Someone told me that some 98 files wouldn't work on XP so that this may be a waste of time and $$$ .Any idea would be of great help, and easy and cheap are most important. I have more time than $$$:cry
Thanks in advance

 

Yes, ye can connect the old pata (parallel vice serial (sata)) drive to that cable.

Then boot into windows and transfer your files.

If the computer does not boot into your new system, you may need to change the boot priority within the bios.

 

and how would i change that?