This is the old style motor that does not have the 2-wire pigtail connection. Yes, you need to swap the wht/vio and yel wires from motor and you will need to cut the wht/orn wire and install quick disconnect connectors on them separately. I do see the old style switch available on ebay if you want to go that route.
Actually, you don't have to "swap" any wires. Place the motor wires onto the new switch exactly as they are from the old switch except for the wht/orn wire. Now, the wht/vio wire from the motor will be on the terminal labled Y on the switch and the yel wire from motor will be on the terminal labeled W. See what I mean?
Eric