No - that version of Kickstart requires the wire to be cut in an A500. Chips were sold like that because in some revision mobo's, requires it to be connected. Leave it the way it is.
So yeah, looks like you have an old ICD FF/SD hooked to Denise like I thought AND a MegaChip board that allows 2MB Chip RAM in that A500. That is a really, really nice freebie you got there
Hook her to a VGA monitor and power her up!