Nope it's not

It's true that no template is edited by the hack.
However, in the code there is a replacement for a certain textphrase in the forumhome-template and $shoutbox is put underneath. What textphrase is used, depends on where you position the shoutbox in your admincp.
It's mentioned somewhere in this thread how it works exactly a couple of pages back, try searching this thread
When you manualy put $shoutbox in a template, than it will appear where you put this variable. Just try it