Well if you want auto-hide disabled, then you should leave it unticked.

#40_something=right,153,0,1


Token 1: Position of nicklist
Token 2: Width of nicklist in pixels
Token 3: Nicklist auto-hide, 0=off 1=on
Token 4: Show nicklist on TAB key, 0=off 1=on

For the nicklist auto-hide to be off, the 3rd token should be 0, which it is.