No. The universal module installs just like any other module(in fact to do it properly, you need to connect both TMS and TCK rather than just one). You need to attach it to pins TCK and TMS as well as MISO, MOSI, SCK, VSS, and VDD.
The board supports moving the CYRF module from its socket to the MultiModule, though in reality there is very little reason to do that. The main purpose for the CYRF module support is the X9D and Devo7E.
If you were to remove the CYRF module and install it into the MultiMod, then you could choose to connect the CYRF RESET pin to the MultiMod Reset, and the CYRF CSN pin to the MuliMod CSN pin. In this configuration, you'd only need to supply 3.3V via a separate wire (since the CYRF plug doesn't have 3.3V attached). I don't generally recommend that approach mainly due to it being difficult to manage the 2mm CYRF headers in any reasonable fashion.
Edited to make the distinctions clearer
