I looked at Ray's program which is a hex edited version of the Imation 2 Plextor program, and I found a 'bug' in it. I have hex edited my own version, but I can't try it because I don't actually have an Iomega drive to try it on. I'm not positive if I got the drive IDs correct either, but that would be easy to fix if thats the case. I would highly recommend you don't have any other Iomega drives attached when this thing runs. It searches for an Iomega ID tag, and then edits those drives accordingly.
Link
Try it out and let me know if anything happens. I'm not quite sure it will because of the whole SCSI/IDE thing, but IDE can and does use ASPI (you have to make sure you have ASPI drivers loaded) ... This probably would not work in Windows 2000, you would need Windows 98 or WinME with ASPI drivers loaded. No boot disks either, since there aren't any ASPI drivers for IDE in DOS I dont think.
As always, use this program at your own caution, I make no guarentees on its effects.
Update: Oops, fixed the bad link.