Yes! You are absolutely Correct! I did it!

Actually all the members with Trust Level 3 — Regular (and Above) can Recategorize and rename topics (as I did here and I sometimes do it, to make the things better, appealing and organized / well-managed). I am currently at this trust level and sort of Semi-Moderator! 
You can find more info here (the system being currently followed by Pakwheels and implemented on the forums):