Yep, you got that right - when the nucleophile attacks an alkyl halide, it hits it right on its gluteus maximus (actually, I see it from another angle, but never mind).
And of course the age-old question: why? Why in particular, the 'backside'? Well, everything will be made clear with Molecular Orbital theory, so let us consider what the LUMO (Lowest Unoccupied Molecular Orbital) of a typical alkyl halide (in this case, chloromethane) looks like:
Notice the huge lobe on the 'backside' of the carbon atom? That's where the nucleophile attacks if if wants to bond to the carbon atom - by donating electrons into this antibonding orbital, the carbon-chlorine sigma bond effectively breaks, and a SN2 reaction ensues.
Ah well. I probably haven't explained in detail enough. But hey, I'm tired. :)
