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Connect 2 external drives to 1 firewire port?

Update:10-11Source: network consolidation
MacBook Pro 5 4 Mid-2009 15"
has 1 firewire port
1 USB 2.0 port with 2 more USB 2.0 ports on an external monitor
I've been running Time Machine on a 500 GB LaCie d2 quadra external drive and need to upgrade, probably to a 3 TB drive.
To transfer my backups from the old drive to the new one, I need to connect both to the MacBook. Can I connect both in a daisy chain to the FireWire port? Or do I have to connect one via USB and the other via FireWire?

The Best Answer

You can either use a FireWire hub or connect one device through USB. If either drive has two or more FireWire ports, it can act as a hub.