That product is a hard drive to USB adapter, and with the right software perhaps you could copy the old hard drive to the new one.
The Apricorn has an adapter like that one, but it also has the hard drive cloning software so you can boot up with the software CD, then copy the old drive onto the new drive, and it will expand the partitions to fit a larger drive, if necessary and desired. The point is that the old drive is copied to the new drive, then all you have to do is to take out the old drive and put in the new one and no other step is necessary, you have everything set up as before, just a new hard drive. Sometimes this isn't perfect, because, if there were viruses and trojans on the old drive, as they transfer too. Any problem you had like that before, it is copied faithfully to the new drifve.