Okay, these other two guys (assume generic gender) sound like they know what they are talking about. But, just as a warning, I tried an ATA 100 rounded cable (80 vs 40 wires - did it make a difference?) on mine and it fried the card. I really thought I had the #1 pins aligned on the card and the Live Drive, but in retrospect I would have to admit maybe I screwed up. I saw another post that said the cable was different and the poster labeled the LiveDrive one so he wouldn't mix it up with an IDE cable.
Anyhow, I recommend you look at it VERY closely before using an IDE cable, just in case I didn't screw up with the alignment of the cables on mine.
On the other hand, I really like the Audigy I got to replace the Live! card.