I don't think so. Remember, this isn't designed for banner ads. You can use it that way, but the HTML code will have to handle aging, rotating, etc.
All this hack does is add a customer header and footer to each forum. I just updated the install file to include adding footers too.
It gives anyone the ability to do what
http://www.sitepointforums.com/ has done without having to do it as a template hack that makes each forum the same.