@danmerhar In the meantime, you can modify class.latestpostlist.module.php line 74 from echo Wrap(Anchor(T('Latest Posts'), $this->_Link), 'h4'); to echo Wrap(T('Latest Posts'), 'h4'); will leave the title but remove the anchor method completely.
Great plugin. The only requests I can really think to add are: an option to include a category, if your forum is structured that way being able to choose no link for the "Latest Posts" h4