Yes, the battery is in the trunk along with an air compressor and some sort of tank that is used with the air compressor to fill your tire when it gets flat. I havent' really investigated it yet. There is also a piece of styrofoam that houses it all in the well.
if you wanted to do this to your car, there are parts that you will need to get for where your battery currently sits in the cowl. In the RS4, if one was to under the hood for the battery, they wouled see two metal posts but no battery. These posts are used as jumpers. If I had the S4 and did the relocation, I would get these parts as well as it might actually make the job much easier. I will post some pics tomorrow when I get a chance.
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