Nope. Same activation, different function.
You jump/fly and press your mode switch key (default M, I use F).
i still take fall damage :(
Hover mode should make you slowly descend instead of just dropping.
The Jetpack should be in use when falling, just very weak so you slowly drop.
Try making QuantumSuit boots(No pun intended)- they stop all fall dmg(You still hear the "Ooh!" and your screen shakes)
What pun?
And usually, Electric Jetpack users use static boots or rubber boots (Rubber Boots also cancel out fall damage, but don't require EU to operate). In addition, Quantum Boots *should be* used with the rest of the set. Either jetpack is not included in the full set.
On a server i used to play on, I sometimes took fall damage. To prevent that, I would go up just a little before landing