My thought was that 90%+ of people would want it wrapped. I could be mistaken here, but what would the point of compiling a template be if not to set it up for use with Handlebars?

Given my assumption, documenting how to get the non-default behavior well would address this. I may have skimped a bit on documentation to start just to be sure that you were interested in accepting this pull request, but we can beef it up to make things more clear.