Nope. That won't do anything because the two circuits (two poles) are electrically separate and all you are doing here is shorting two led pins.
I was under the impression that sw1 was the boost switch (never built a LL so IDK for sure) but the principle applies to any switch you wish to attach a led to.
One pole for the switch circuit, one pole for the led circuit.
See here and again, I apologize for my MSPaint skillz: