When mounted, the outlet fitting and adjustment screw mount @ 90-degrees (points directly to the ground).
You could flip it, but wouldn't have much luck adjusting the rebound control without taking the wheel and inner fender off to get to it.
As long as you don't drive it at ground level, it probably wouldn't be an issue. I snapped one off pulling up onto a trailer. But, I just keep a spare in the tool bag, in-case I ever pop one off again.
I'm betting Tricky can hook us up with spares, now that he's "family"...