Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
No it's not but I would set it on a hard surface (table, book, wood or tile floor, etc.) as opposed to a soft surface (carpet, bedspread, lap, dirty laundry, etc.).
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.