Wazzzzman,
Yes, it's only for looks. Starting in 02 (I think) Chryrsler started deleting a lot of little things in order to save money. The modesty cover, the passenger side outside door lock, little lights inside certain switches, the cargo net, the rear hatch outside lock and finally the rear shelf.
If you look on your engine you'll see three holes. These hold the modesty cover after you buy and insert three holders from the dealer. The holders are about $4 each and the modesty cover is about $35.