I guess you need to define which "partition" contains the "WINDOWS"
directory. That is the one that you would be "booting" from. So is
that on hdb1 or hdb5.....
But I must admit that my Windows boot process knowledge is getting
mighty rusty, now that I use VMWare to run it.
As I recall, the Windows bootloader is mighty cheesy.... It simply
pointed to the first sector of the "active" partition.... I wonder if
playing with hide and unhide in grub might help. Can you hide a whole
drive or just a partition, haven't had to do one myself? But that way
you might be able to allow Windows to think it is the only drive again
which is perhaps what it is expecting? Windows may be trying to
interpret the first drive's partition table and getting itself confused
as it tried to boot....