Correct!

However here is something that will make this easier...

Click on this link:

[link=http://www3.towerhobbies.com/cgi-bin/WTI0095P?FVSEARCH=LXMTZ3+&search=Go]Connector[/link]

Using one of those, you only have to cut the existing starter wires and attach one new connector.

It also makes the batteries easier to disconnect to recharge...