Assuming it's accurate, not always a good bet, pg 22-20 and 22-86 of the 05/06 FSMs respectively says "A transponder is located in three of the four wheel wells of the vehicle to provide the WCM/SKREEM with the location of the tire pressure sensors on the vehicle. The transponders are located in the left front, right front and right rear wheel wells. A fourth transponder is not necessary in the remaining wheel well due to the process-of-elimination theory. Once the system knows the location of the first three sensors it assumes the location of the fourth tire pressure sensor is in the left rear tire."
Copies of the FSMs may be downloaded from
http://colorado4wheel.com/manuals/Jeep/KJ/ . Get both years, while there is some difference the vehicles are largely the same but the 05 FSM lacks the diagnostic and CRD cooling system sections but does have illustrations "keys" while the 06 is the reverse.
Yes I know the FSMs speak to programming the wheel sensors but like I said the FSMs are not always accurate.