yes/no. Yes you can do it, i'd shrink the partition, create a new partition in that space, label it as drive g: (for example). Install it to g:\program files\...
Then when you get your new drive, copy that partition to the new drive, delete the original, expand the smaller drives partition to fill the space, rename the partition on the new drive as g:, and expand that to fill the whole drive.
As far as your OS is concerned it was installed on g:\ and it still is, the fact that it is on a different physical disk is not relevant.
But it's all a bit of a faff.