Just did it before, no connection because light is not on
Forget about Windows for the time being.
Find a bootable floppy, throw it in the drive, and see if it'll boot.
This will reduce the number of variable to check one thing at a time.
When the system is turned on, POSTs, the light should not be on.
Perhaps you know this but it helps to be clear regardless.
The floppy light should stay off, unless you have the BIOS boot order
set to try the floppy before the hard drive, else the floppy light
goes on a for a couple seconds before the BIOS moves to the HDD to
boot.
The light always being on from the moment the system is turned on, is
almost always a reversed cable. There are two ends, are both ends'
plugs keyed with a notch? If there is no notch, the side with the two
grooves in it, should be facing the motherboard socket-side with the
notch cut out. On the floppy drive end of the cable, the plug notch
(or grooves) should be facing down. On some floppies you might have
to break out a perforation area on the circuit board to get a notched
cable to fit... they may have a notch on the opposite, up-facing
side, but that doesn't mean the plug should go in that way... it's not
a common situation but not all that rare either.
If you turn the floppy drive over, the bottom may have Pin 1 marked in
some way if not numbered. That should match up with the side of the
cable with the stripe on it... of course this assumes the cable was
properly constructed, if all else fails remove the cable and verify
that the plugs are oriented correctly, that pin 1 on the plugs
(usually a small arrow molded on the side of the plug) matches up with
the same conductor on both ends.
After you get the drive working to boot that floppy, THEN see what
windows does with it.
Dave