Yes, and it was a pain in the tail to replace. The PCV valve is located on the backside of the valve cover (driver's side) with barely any room to get your hand in there to replace it. The hose portion of the PCV is a special Ford-only part I believe that connects on top of the intake. This write up here is pretty good and explains the process of removing:
How to change your 2005 V6's PCV Valve
Just like the other guy did in that link, It is almost impossible to see the hose clamp without using a small mirror to see the backside of the valve cover; then you can easily see it. You'll need some type of small pliers in order to get the hose clamp off the PCV valve. Then, it is just a counter-clockwise turn to remove it from the cover.
I unfortunately could never get a wrench in that tight of a spot in order to release the hose clamp that is connected to the PCV valve (which keeps the lower end of the hose from coming off the valve). I eventually got fed up with it and took it to my local mechanic to replace the valve. I was stupid and did not replace the hose part that came with it and later tried to find it and was shocked that the dealer wanted over $100 for the short piece of hose. Luckily, i was able to find a used one on eBay for like $20. The reason I replaced the hose is that when my mechanic took the hose and PCV valve off, they accidentally lost the yellow o-ring that was inside the hose that makes it seal well. I didn't realize it until I started hearing a hissing sound coming from the top of the engine and finally narrowed it down.
Anyways, after I got the replacement hose, I again couldn't get the damn hose clamp off the PCV valve but was able to just pull the hose itself out of the PCV (there are two pieces to the hose, that is covered in a piece of foam insulation) and replace that part with the one I found on eBay. All in all, I think it is a really awful design for a serviceable part but I figure that Ford designed it that way on purpose so that you would have to take it to them to replace it and that someone could not easily disable the PCV system.