That is, in fact, what I do, though I use the server name I wish to connect to as the name of the alias, which includes the IP:port as well (to keep from having to resolve the IP first) and all information for all paramaters. My on START event calls those aliases.
Also, your $iif() should read $iif($1 == new,-m) .. mine just uses $1 because I know to use (for example) /jade -m on the command line.
