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Yes, and you're going to put a big dent in your forehead when I tell you :-)

Normally the notes are in column 1 if you look in the Inspector. To move them into a different position, just click on the column header to the left of where it normally says Topic and drag the notes column to where you want it (it's in column 2 in the Class Notes template). The Class Notes template doesn't display the column headers, which makes it a bit more mysterious than it might otherwise be. View->Show Column Titles controls their display.