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The answer is yes.
If you grep the source, you will find references to create_placement_group(), get_placement_group() and many placement group functions in the starcluster source code.
From: Sergio Mafra <sergiohmafra_at_gmail.com>
To: "starcluster_at_mit.edu" <starcluster_at_mit.edu>
Sent: Tuesday, May 15, 2012 8:36 PM
Subject: [StarCluster] Placement groups
Does StarCluster deploy the cc instances on a placement group to take advantage of a 10 Gbps network?
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Received on Tue May 15 2012 - 21:14:51 EDT