there is a little bit of a grey area if you have loaded ROMS for the hard drive or floppy where you can change front panel switches and flip which disk you want to boot from, A: or B: could be flipped around on bootup.
i played around with this has i have 2 hacked versions of Cp/M with different settings on hard drives and i can change which one i boot from without swapping things around.
if you use the configuration menu to remap the drives you have a lot more control then punching them into the front panel.
Your not treating this as separate machines where you are multiplexing between them. that is possible if your using the ESP32 Altair emulator, that supports multiple Cp/M sessions i think up to 4.
you may have seen a demo of the ESP32 altair with cp/m in action and where you got this idea from. Fav posted videos of running multiple Cp/M sessions.
now you can have mapped drives you can have a floppy or a disk image mapped to A:,B:,C:,D: then just change your drive letter to access them as needed.
the CP/M most of play around with support either 4 floppy disks, 360KB or 1.2KB or a combination of 2 hard drive disks, 5mb or 8mb and then 2 360KB floppy disk images.
the 8mb type of hard drive mounting as a floppy disk has its own issues and its better to use the 5MB hard drive images as you have many more options and it isn't worth the extra 2-3mb of storage per drive.
me i just do everything from the Configuration menu setup the disks or swap disks that way without the front panel for most of the setup.